HCMC – Vietnam – Asia Commercial Joint Stock Bank (VietABank, HOSE: VAB) reported a 102.6% year-on-year jump in net profit to VND461.9 billion in the fourth quarter of 2025, helping the lender exceed its full-year pre-tax profit target by more than 24%.
The bank’s consolidated financial statements showed that net interest income in the quarter surged 97.7% from a year earlier to more than VND1.61 trillion.
VietABank attributed the sharp rise in quarterly profit to solid growth in total assets and credit in line with its strategy, alongside customer diversification, an optimized credit portfolio, and funding mobilized at reasonable costs, which lifted net interest income compared with the same period in 2024.
During the quarter, credit risk provisioning expenses increased as outstanding loans expanded. Income from services and from capital contributions and share investments improved, while foreign exchange operations were more effective following product improvements and diversification.
The bank also reported better results from debt recovery and resolution activities, which helped drive up net income from other operations from a year earlier.
For the full year 2025, net interest income reached nearly VND3.4 trillion, up 46.1% from 2024. Profit before tax rose 49.5% to VND1.62 trillion, while profit after tax increased 50.2% to VND1.3 trillion.
With a full-year pre-tax profit target of VND1.3 trillion, VietABank surpassed its plan.
On the stock market, VAB shares surged to the ceiling price of VND11,200 on January 23, with nearly 2.7 million shares traded.
Vietnam’s benchmark VN-Index fell 11.94 points, or 0.63%, to 1,870.79 on Friday, dragged down by sharp declines in several large-cap stocks.
On the Hochiminh Stock Exchange, losers outnumbered gainers by 251 to 81. Trading volume exceeded 888.7 million shares worth VND29.35 trillion, down more than 16% in volume and 13% in value from the previous session. Block deals contributed 47.7 million shares valued at VND1.9 trillion.
For the week, the VN-Index edged down 8.34 points, or 0.44%. Selling pressure on Friday was concentrated in several blue-chip stocks.
BCM plunged to its daily floor price of VND69,300, with nearly two million shares traded. VNM lost 5.2% to end at VND67,200, while GVR slid 5.4% to VND36,900.
Other large-cap stocks declined between more than 2% and over 3%. In contrast, VJC rose to its ceiling price of VND193,600, helping limit losses. VIC climbed 2.7% to VND165,400 and contributed more than seven points to the VN-Index.
High-liquidity VN30 stocks such as HPG, SSI and SHB traded poorly, with volumes ranging from about 24 million to more than 49 million shares.
Mid- and small-cap stocks were mostly subdued. VAB jumped to its upper limit of VND11,200, with nearly 2.7 million shares traded. TCX gained 5.5% to VND55,600 on volume of over 8.3 million shares. Other stocks advanced between just over 2% and 3.5%.
On the Hanoi Stock Exchange, selling pressure intensified in the afternoon. The HNX-Index briefly rebounded before reversing, closing near its intraday low.
The HNX-Index ended down 5.47 points, or 2.12%, at 252.96. The exchange saw 52 winners and 118 losers, with trading volume of more than 92.2 million shares valued at VND2.06 trillion.
