Vietnam Market: Domestic Institutions Net Sell VND 469B, Foreigners Buy VIC, MWG

Overview

On April 15, 2026, domestic institutional investors were net sellers of VND 469.3 billion on the Vietnamese stock market, while foreign investors net bought VND 47.6 billion. The VN-Index closed at 1,817.17, down 2.66 points, as Vingroup stocks (VIC, VHM, VRE) corrected, but gains in MWG, GVR, and FPT limited the decline. Foreign buying focused on Real Estate and Retail sectors, with top buys including VIC, MWG, MSN, and FPT.

Key Facts

• Domestic institutional investors net sold VND 469.3 billion overall, with VND 520.5 billion net sold on matched orders.
• Foreign investors net bought VND 47.6 billion overall, with VND 129.0 billion net bought on matched orders.
• VN-Index fell 2.66 points to 1,817.17, after being up earlier in the session.
• VIC fell 0.74%, VHM dropped 5.17%, and VRE lost 3.38%, collectively dragging the index down 11 points.
• MWG hit the ceiling price with a buy order of 5.48 million shares; GVR rose 4.04%; FPT gained 2.56%.
• Top foreign net buys on matched orders: VIC, MWG, MSN, FPT, VPI, GVR, VHM, DCM, PLX, BSR.
• Top foreign net sells on matched orders: VIX, CII, SSI, VJC, TCH, GEX, FRT, VCI, VCB.
• Total matched order liquidity on all three exchanges exceeded VND 25,000 billion.

What Happened

According to market data, domestic institutional investors turned net sellers after nearly a week of supporting the index. Their selling pressure, particularly in Vingroup stocks, caused the VN-Index to reverse from intraday gains and close lower. However, other blue chips such as MWG, GVR, FPT, BSR, and VPB rose, preventing a broader sell-off. MWG surged to its ceiling price, supported by positive sentiment ahead of its 2026 annual general meeting and strong business results.

Foreign investors were net buyers, focusing on Real Estate (VIC, VHM) and Retail (MWG, MSN) stocks, while selling Securities stocks (VIX, SSI, VCI). Individual investors net bought VND 229.7 billion, mainly in Securities stocks, while proprietary trading desks net bought VND 133.1 billion, favoring Banks and Technology.

Market Context

VIC closed at VND 177, up 6.95% on April 15, with high volume of 6.36 million shares, indicating strong foreign buying interest. The stock has been volatile amid the Vingroup group’s recent corrections. MWG closed at VND 81, down 1.10%, but the ceiling price action suggests strong demand. The broader market saw mixed sector performance, with Banks recovering slightly and Oil & Gas stocks rising on global oil price increases. The VN-Index remains near the 1,800 level, supported by foreign inflows and domestic retail participation.

Strategic Significance

The divergence between domestic institutional selling and foreign buying highlights contrasting views on market direction. Domestic institutions may be taking profits after recent gains, while foreign investors are selectively accumulating high-quality names in Real Estate and Retail. The strong foreign buying in VIC and MWG suggests confidence in Vietnam’s consumption and property recovery stories. The selling in Securities stocks may reflect profit-taking after a strong run in that sector. The overall liquidity above VND 25,000 billion indicates active participation, which is positive for market depth.

What to Watch

• Continuation of foreign buying in VIC and MWG in the coming sessions.
• Any further correction in Vingroup stocks (VIC, VHM, VRE) and their impact on the VN-Index.
• Upcoming annual general meetings of key companies (MWG, FPT) for guidance on 2026 outlook.
• Global oil price trends and their effect on energy stocks like PLX, BSR.
• Domestic institutional selling pace and whether it intensifies or stabilizes.