Foreign Investors Set Record Net Buying of VND 4,060B in Vietnam Stocks, Focus on VIC and HPG

Overview

Foreign investors set a record net buying of over VND 4,060 billion (approximately USD 162.4 million) in a single trading session, with the bulk directed at Vingroup (VIC) via block trades and Hoa Phat (HPG). The strong inflow helped the VN-Index recover near the 1,800-point level, providing a counterweight to persistent foreign selling that has totaled roughly VND 75,000 billion since the start of the year.

Key Facts

• Foreign investors recorded a net buying of VND 4,060 billion in a single session, surpassing the previous record of VND 3,800 billion set in late 2025.
• Total foreign buying reached VND 7,100 billion, while selling amounted to VND 3,000 billion.
• Vingroup (VIC) saw net foreign buying of approximately VND 4,400 billion (buying VND 4,700 billion, selling under VND 300 billion), primarily through block trades.
• Hoa Phat (HPG) attracted strong foreign buying, with its share price rising 5% to VND 24,350.
• The VN-Index closed near 1,800 points, up nearly 8 points, while the VN30 index rose 18 points.
• Ho Chi Minh City Stock Exchange (HOSE) turnover reached nearly VND 25,400 billion, the highest in a month.
• Year-to-date, foreign investors have net sold approximately VND 75,000 billion (USD 2.9 billion).

What Happened

According to the article, foreign investors executed a record net purchase of over VND 4,060 billion in a single session, primarily through block trades in Vingroup (VIC) and strong buying in Hoa Phat (HPG). The buying spree occurred as VIC’s share price fell 1.5% to below VND 193,000, making it the largest negative contributor to the VN-Index. In contrast, HPG surged 5% to VND 24,350, becoming the top positive contributor to the index’s recovery.

The session’s total foreign trading volume was VND 7,100 billion in purchases versus VND 3,000 billion in sales. The net inflow helped the VN-Index climb nearly 8 points to close near the psychologically important 1,800 level. The article notes that the buying partially offset the persistent foreign selling trend, which has seen net outflows of about VND 75,000 billion year-to-date.

Market Context

VIC (listed on HOSE) closed at VND 192,600, down 1.48% on the session, with volume of 4.6 million shares. HPG (also on HOSE) closed at VND 24,350, up 4.96%, with volume of 30.7 million shares. The strong foreign inflow into these two large-cap names helped stabilize the market after four consecutive weeks of decline. The VN-Index’s recovery near 1,800 points suggests that institutional investors are selectively re-entering, particularly in real estate and steel sectors, which have been under pressure from foreign selling.

Strategic Significance

The record foreign net buying in VIC and HPG signals a potential shift in foreign investor sentiment toward Vietnam’s large-cap stocks, which have been heavily sold off in 2026. For Vingroup, the block trade activity may indicate strategic accumulation by foreign funds, possibly in anticipation of the group’s expansion plans or a valuation re-rating. For Hoa Phat, the strong buying aligns with the steel sector’s cyclical recovery and the company’s dominant market position. The inflow also provides a positive signal for the broader market, suggesting that foreign investors see value at current levels despite ongoing geopolitical and macroeconomic uncertainties.

What to Watch

• Follow-up foreign flow data in subsequent sessions to confirm whether the record buying is a one-off event or the start of a sustained reversal.
• VIC’s price action and any block trade disclosures that may reveal the identity of the buyers.
• HPG’s Q2 earnings report, expected in July, to assess whether the steel demand recovery is materializing.
• The VN-Index’s ability to hold above 1,800 points, a key resistance level.
• Any changes in the SBV’s monetary policy or foreign ownership regulations that could affect foreign investor sentiment.