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Major US stock indexes rose on November 11, led by technology shares. Vietnam’s stock market traded in a narrow range, with the VN-Index edging higher. In Vietnam, VinaCapital-linked shareholders increased their KDH holdings, BETA plans a share offering, and digital asset exchange TCEX has raised its registered capital to VND 10 trillion.
Vietnamese digital asset exchange TCEX has raised its paid-in charter capital to VND 10 trillion, meeting the minimum capital requirement for Vietnam’s digital asset market pilot. It must still audit the capital contributions, complete its operating procedures and submit a second-round application. It has not yet received an operating license.
Hoa Sen Group plans to subscribe to new Hoa Sen Home shares for VND 1.98 trillion. If the offering is completed and the group subscribes as planned, Hoa Sen Home’s charter capital will rise to VND 3 trillion, while the group’s stake will remain at 99%.
Vietcombank and Mizuho Bank signed a new cooperation memorandum on November 9 as Mizuho pursues an additional investment. Based on the disclosed private placement plan and shareholding structure at the end of September, Mizuho would need to buy about 526.4 million shares, or 96.9% of the planned offering, to raise its stake to 20%. The actual number will depend on how the transactions proceed.
Techcombank completed a stock dividend for existing shareholders on October 30, 2026, raising its charter capital to VND 106.2936 trillion, the highest among Vietnamese banks. The shares were issued from accumulated undistributed profits reported in its audited 2025 financial statements.
In 2026, Mizuho Bank added $100 million in capital to each of its Hanoi and Ho Chi Minh City branches and is pursuing a further investment in Vietcombank through a private placement. Leaders of the two banks met in Tokyo on November 9 to discuss their long-term partnership.
Becamex Group issued VND 120 billion in bonds from October 21 to November 3, 2026. The 36-month bonds carry a combined annual interest rate of 12.5%. The group plans to use the proceeds in the fourth quarter of 2026 to restructure some bank debt and also plans to increase its investment in an expressway project company.
