Foreign Investors Net Buy VIC and MWG on HoSE, Total VND 52 Billion on April 17

Overview

On April 17, foreign investors recorded a net buying position of VND 52 billion on the Ho Chi Minh Stock Exchange (HoSE), with Vingroup (VIC) and Mobile World Group (MWG) as the top picks. Net selling occurred on HNX and UPCOM. The activity comes amid a positive market session where the VN-Index edged down nearly 3 points to 1,817.

Key Facts

• Foreign net buying on HoSE: VND 52 billion (approx. USD 2.08 million).
• Top net buy: VIC with VND 315 billion; second: MWG with VND 195 billion.
• Other net buys on HoSE: MSN (VND 99 billion), FPT (VND 63 billion), VPI (VND 40 billion).
• Top net sell on HoSE: VIX (VND 67 billion), followed by CII (VND 53 billion), SSI (VND 49 billion), VJC (VND 49 billion), TCH (VND 45 billion).
• On HNX, foreign net selling totaled VND 44 billion, led by CEO (VND 33 billion).
• On UPCOM, foreign net selling was VND 15 billion, led by ACV (VND 11 billion).
• VIC closed at VND 177, up 6.95% on April 15, with volume of 6.36 million shares.

What Happened

According to the article, foreign investors were net buyers of VND 52 billion on HoSE on April 17, with the strongest buying in VIC (VND 315 billion) and MWG (VND 195 billion). Other notable net buys included MSN, FPT, and VPI. On the sell side, VIX, CII, SSI, VJC, and TCH saw the largest net outflows. On HNX, foreign investors net sold VND 44 billion, with CEO being the most sold stock (VND 33 billion). On UPCOM, net selling was VND 15 billion, led by ACV (VND 11 billion). The article notes that the frequency of foreign net buying has increased since FTSE Russell confirmed the upgrade roadmap for Vietnam.

Market Context

VIC, listed on HoSE, closed at VND 177 on April 15, up 6.95% with strong volume. The broader VN-Index fell nearly 3 points to 1,817 on April 17, with trading value on HoSE at about VND 20.5 trillion. Foreign net buying on HoSE contrasts with net selling on HNX and UPCOM, indicating a preference for large-cap blue chips. The article suggests that the FTSE Russell upgrade timeline may be supporting foreign inflows.

Strategic Significance

The concentrated foreign buying in VIC and MWG reflects continued institutional interest in Vietnam’s leading conglomerates. VIC, as the flagship of Vingroup, benefits from its diversified real estate, retail, and technology holdings. MWG, a top electronics and retail chain, remains a key consumer proxy. The net selling in smaller caps and on HNX/UPCOM suggests a risk-off tilt toward liquid, large-cap names. The FTSE Russell upgrade roadmap could further catalyze foreign flows into eligible stocks.

What to Watch

• Upcoming FTSE Russell semi-annual review and any changes to Vietnam’s classification.
• Q1 2026 earnings reports for VIC and MWG, due in late April.
• Foreign ownership limit changes for VIC and other large caps.
• Continued net buying pattern on HoSE vs. net selling on HNX/UPCOM.
• SBV policy moves affecting currency and capital flows.