Foreign investors net buy 1,020B VND on Aug 3; FPT leads with 524B VND

Overview

On August 3, foreign investors net bought over 1,020 billion VND across Vietnamese exchanges, with FPT (HOSE) leading the buying spree at 524 billion VND. The VN-Index surged 27 points to 1,763 points, with HoSE matching volume reaching 16,430 billion VND. This marks a significant foreign inflow day, with net buying concentrated in large-cap technology, steel, and banking stocks.

Key Facts

• Foreign investors net bought 1,061 billion VND on HoSE, 1,020 billion VND across all three exchanges.
• FPT was the top net-bought stock with 524 billion VND, followed by HPG (283 billion VND), VCB (136 billion VND), MBB (89 billion VND), and FRT (89 billion VND).
• NLG was the most net-sold stock with 115 billion VND, followed by STB and TCB (each over 71 billion VND), VPB (57 billion VND), and TCX (51 billion VND).
• On HNX, foreign investors net sold nearly 19 billion VND, with PVS leading net buying at 7.8 billion VND and IDC leading net selling at 12.4 billion VND.
• On UPCoM, foreign investors net sold 19 billion VND, with TIN leading net buying at 2.4 billion VND and ACV leading net selling at 10.1 billion VND.
• VN-Index closed at 1,763 points, up 27 points, with HoSE matching value at 16,430 billion VND.

What Happened

Foreign investors executed a sharp net buying session on August 3, accumulating over 1,020 billion VND across the market. The buying was led by FPT, which saw net purchases of 524 billion VND, followed by HPG (283 billion VND), VCB (136 billion VND), MBB (89 billion VND), and FRT (89 billion VND). This surge in foreign demand coincided with a 27-point rise in the VN-Index to 1,763 points, with HoSE matching volume reaching 16,430 billion VND.

On the selling side, NLG experienced the largest net outflow of 115 billion VND, followed by STB and TCB (each over 71 billion VND), VPB (57 billion VND), and TCX (51 billion VND). On HNX, foreign investors net sold nearly 19 billion VND, with PVS leading net buying at 7.8 billion VND and IDC leading net selling at 12.4 billion VND. On UPCoM, foreign investors net sold 19 billion VND, with TIN leading net buying at 2.4 billion VND and ACV leading net selling at 10.1 billion VND.

The data is based on exchange reports from the August 3 trading session, reflecting foreign trading activity across HoSE, HNX, and UPCoM.

Market Context

FPT (HOSE) closed at 71,700 VND on August 3, up 27 points in the VN-Index, which rose to 1,763 points. The strong foreign buying in FPT, HPG, VCB, and MBB suggests a preference for large-cap, liquid names with solid fundamentals. The VN-Index’s gain of 27 points indicates broad market strength, with foreign inflows adding to positive sentiment. The net selling in NLG and banking stocks like STB and TCB may reflect profit-taking or sector rotation.

Strategic Significance

For long-term investors, the August 3 foreign buying spree signals renewed confidence in Vietnamese equities, particularly in technology (FPT), steel (HPG), and banking (VCB, MBB). FPT’s leading position in foreign net buying underscores its appeal as a proxy for Vietnam’s digital transformation and IT outsourcing growth. The concentration of foreign buying in large-caps suggests a shift toward quality and liquidity, which could support these stocks’ valuations. Conversely, the selling in NLG and certain banks may indicate concerns about specific sectors or profit-taking after recent gains.

What to Watch

• Follow-up foreign flow data in the coming sessions to see if the buying trend persists.
• FPT’s Q3 earnings release, expected in October, to confirm its growth trajectory.
• Any regulatory changes affecting foreign ownership limits or market access.
• VN-Index’s ability to hold above 1,760 points, which could attract further foreign inflows.
• Sector rotation: whether foreign selling in banking (STB, TCB) continues or reverses.