Foreign Investors Net Sell VND 562B on June 2, Buy FPT Nearly VND 500B

Overview

On June 2, 2026, foreign investors net sold VND 562 billion on the Vietnamese stock market, continuing a recent trend of net selling. The selling pressure was concentrated on HPG, HDB, ACB, CTG, and VPB, while FPT was the standout buy with nearly VND 500 billion in net purchases. The VN-Index fell 18 points (-0.98%) to 1,826 points on subdued trading.

Key Facts

• Foreign investors net sold VND 562 billion across all three exchanges on June 2, 2026.
• On HOSE, net selling was VND 543 billion; on HNX, VND 17 billion; on UPCOM, VND 1 billion.
• FPT was the top net buy on HOSE with approximately VND 482 billion.
• Other net buys on HOSE included VHM (VND 66 billion), MWG (VND 65 billion), LPB (VND 30 billion), and SHB (VND 29 billion).
• HPG was the top net sell on HOSE with approximately VND 124 billion, followed by HDB (VND 122 billion), ACB (VND 119 billion), CTG (VND 106 billion), and VPB (VND 103 billion).
• On HNX, PVS was the top net sell with VND 7 billion, while VFS was the top net buy with VND 7 billion.
• The VN-Index closed at 1,826 points, down 18 points (-0.98%), with matching volume on HoSE reaching nearly VND 16,360 billion.

What Happened

Foreign investors continued their net selling streak on June 2, 2026, with total net sales of VND 562 billion across the three exchanges. The selling was most pronounced on HOSE, where net sales reached VND 543 billion. The five most sold stocks on HOSE were HPG (VND 124 billion), HDB (VND 122 billion), ACB (VND 119 billion), CTG (VND 106 billion), and VPB (VND 103 billion).

In contrast, foreign investors made a significant net purchase of FPT, buying nearly VND 500 billion worth of shares. Other notable net buys on HOSE included VHM (VND 66 billion), MWG (VND 65 billion), LPB (VND 30 billion), and SHB (VND 29 billion). On HNX, net selling was modest at VND 17 billion, with PVS leading the sell side and VFS leading the buy side. UPCOM saw negligible net selling of VND 1 billion.

Market Context

FPT closed at VND 74,800 on June 2, up 2.61% on volume of 17.4 million shares, outperforming the VN-Index which fell 0.98%. The stock’s strong foreign buying contrasts with the broader market trend of foreign net selling. Other stocks in the VN30 basket, such as VHM, MWG, and LPB, also saw net foreign buying but to a lesser extent. The selling pressure on HPG, HDB, ACB, CTG, and VPB reflects a broader rotation out of cyclical and banking stocks by foreign investors.

Strategic Significance

The concentrated foreign buying in FPT underscores its status as a favored technology stock among foreign investors, likely due to its strong fundamentals and growth prospects in IT services and digital transformation. The net selling in banking and steel stocks may indicate a shift in foreign sentiment toward these sectors, possibly driven by concerns over valuation or macroeconomic headwinds. The overall net selling trend, if sustained, could weigh on market liquidity and sentiment, but selective buying in high-quality names like FPT suggests foreign investors remain discerning.

What to Watch

• Continuation of foreign net selling in subsequent sessions, especially in banking and steel stocks.
• FPT’s upcoming quarterly earnings report to validate the buying thesis.
• Any regulatory or macroeconomic announcements that could shift foreign investor sentiment.
• Trading volumes and price action of HPG, HDB, ACB, CTG, and VPB to gauge further selling pressure.
• Foreign ownership limits and any changes in ETF flows that could impact net buying patterns.