Vietcap lowers target for Vietcombank stock to VND 76,500

Published on 10/16/2026 at 15:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Vietcap forecasts 2026 profit up 28.00 percent to VND 45,162 billion. Vietcombank stock costs VND 56,900.00 on October 16, 2026, up 0.71 percent versus its close.

Forecasts and market levels

Vietcap lowered its target to VND 76,500 on September 22, 2026.
Vietcap forecast 2026 net interest income of VND 75,009 billion, up 27.80 percent.
Vietcombank stock was quoted at VND 56,900.00 on October 16, 2026 at 2:39 p.m. ICT, up 0.71 percent versus the prior close of VND 56,500.00.
Vietcap reported a forward price-to-book ratio of 1.97 on September 22, 2026.

Vietcombank, VN000000VCB4, Illustration mit AI erstellt.

Vietcap lowered its target for Vietcombank to VND 76,500 on September 22, 2026, while retaining its positive view. According to Vietcap, the target was reduced because of higher assumed equity costs and an updated beta. The report did not state the former target.

Vietcap's forecast places 2026 net interest income at VND 75,009 billion, up 27.80 percent from its comparable forecast. Net profit is projected at VND 45,162 billion, an increase of 28.00 percent. The report also projects average profit growth of nearly 20.00 percent a year from 2026 through 2028, based on its September 22, 2026 update.

Forecast figures set the valuation frame

The same Vietcap report puts Vietcombank's forward price-to-book ratio at 1.97. That is 50.00 percent above the median for the commercial banks in its coverage universe, while the report cites a five-year average difference of 98.00 percent. Vietcap names slower credit growth and a lower net interest margin as risks to its forecast.

Stock stays inside its yearly range

Vietcombank was quoted at VND 56,900.00 on HOSE on October 16, 2026 at 2:39 p.m. ICT, up 0.71 percent from the prior close of VND 56,500.00. The session range was VND 56,600.00 to VND 57,300.00, and volume reached 2,235,500 shares. The 52-week range was VND 52,600.00 to VND 78,150.00.

The current quote is VND 25,250.00 below the 52-week high, equal to 32.31 percent below that level. It stands VND 4,300.00 above the 52-week low, or 8.19 percent above it. These levels place the stock nearer its annual low than its annual high.

Investor calendar stays report-led

Vietcombank's investor-relations page describes its business-results announcements and regular investor reports. The page also lists the bank's credit-rating information, including stable and positive outlooks from named rating agencies. Vietcap's September 22, 2026 update remains the latest dated analyst assessment used here, with its target and forecast figures providing the main valuation markers.

Market position and next reading

On October 16, 2026, Vietcombank's 0.71 percent rise was accompanied by gains across several Vietnamese bank stocks, including BID and TCB. The bank's own quotation, however, remains the relevant measure for this report. A later financial release will test whether the forecast net-interest-income and profit paths are developing as projected.

Vietcombank quote on October 16

Vietcombank stock was quoted at VND 56,900.00 on HOSE on October 16, 2026 at 2:39 p.m. ICT, up 0.71 percent versus the prior close of VND 56,500.00. The 52-week range was VND 52,600.00 to VND 78,150.00.