Foreign Investors Net Buy HPG, VIC, VPB as VN-Index Rises 20 Points

Overview

Foreign investors net bought approximately VND 191 billion across Vietnamese exchanges on August 24, 2026, as the VN-Index surged over 20 points to 1,788. HPG (HOSE) led purchases with over VND 106 billion, followed by VIC and VPB. VCB experienced the largest net selling on HOSE.

Key Facts

• Foreign net buying totaled about VND 191 billion across the market.
• VN-Index rose more than 20 points to 1,788; HOSE turnover exceeded VND 19,000 billion.
• On HOSE, foreign investors net bought VND 180 billion.
• HPG was the top net buy on HOSE at over VND 106 billion.
• VIC and VPB followed with net buys of VND 82 billion and VND 67 billion, respectively.
• VCB led net selling on HOSE at VND 58 billion; DCM and BVH were sold at VND 42 billion and VND 38 billion.
• On HNX, foreign net buying was VND 20 billion, led by CEO at VND 61 billion; PVS was the top sell at VND 24 billion.
• On UPCOM, foreign investors net sold VND 9 billion, with ACV down VND 8 billion.

What Happened

In the first trading session of the week, the VN-Index broke out with a gain of more than 20 points, closing at 1,788. Market breadth was positive, and liquidity remained robust with over VND 19,000 billion traded on HOSE. Foreign investors contributed to the rally by net buying about VND 191 billion across all three exchanges.

On HOSE, HPG attracted the largest foreign net inflow at over VND 106 billion, making it the most bought stock. VIC and VPB also saw significant accumulation, with net buys of VND 82 billion and VND 67 billion, respectively. Conversely, VCB faced the heaviest net selling at VND 58 billion, followed by DCM and BVH.

On HNX, foreign investors net bought VND 20 billion, with CEO leading at VND 61 billion. TNG, HUT, and DHT also saw small net purchases. PVS was the most sold on HNX at VND 24 billion, followed by IDC at VND 11 billion. On UPCOM, foreign investors net sold VND 9 billion, with ACV down VND 8 billion; AIG was the top buy at VND 3 billion.

Market Context

HPG closed at VND 22,250 on August 24, 2026, on the HOSE. The stock has been a key beneficiary of foreign inflows, reflecting its position as a leading steel producer. VIC and VPB also saw strong foreign interest, with VIC at VND 214,500 and VPB at VND 26,350. VCB, at VND 59,200, faced selling pressure despite its status as a banking bluechip. The VN-Index’s 20-point gain underscores broad market strength, with foreign flows adding to positive sentiment across sectors.

Strategic Significance

For long-term investors, the persistent foreign buying in HPG, VIC, and VPB signals confidence in these companies’ fundamentals and growth prospects. HPG’s leading position in the steel industry, VIC’s diversified conglomerate model, and VPB’s banking growth story are all supported by foreign capital. Conversely, VCB’s net selling may reflect profit-taking or portfolio rebalancing rather than a fundamental deterioration. The overall positive foreign flow into Vietnamese equities highlights the market’s attractiveness to international investors, which could support valuations and liquidity in the medium term.

What to Watch

• Subsequent sessions’ foreign flow data to see if the buying trend in HPG, VIC, and VPB persists.
• HPG’s monthly steel output and sales figures for August 2026.
• VCB’s quarterly earnings report for Q3 2026 to assess any impact from foreign selling.
• Any changes in foreign ownership limits or regulatory policies affecting large caps.
• VN-Index’s ability to hold above 1,780 and attract continued foreign inflows.