Foreign Investors Net Sell VND 536B on June 10; VJC, CII, MWG Bought

Overview

On June 10, foreign investors net sold over VND 536 billion on the Vietnamese stock market, with MBB, VPB, and SSI leading the sell-off. In contrast, VJC, CII, and MWG were the most net bought on HOSE. The VN-Index rose nearly 11 points to 1,803, but liquidity remained low at VND 10,700 billion on HoSE.

Key Facts

• Foreign investors net sold VND 536 billion across all three exchanges on June 10.
• On HOSE, net selling reached VND 579 billion.
• MBB was the most sold stock on HOSE with net selling of VND 88 billion.
• VPB and SSI followed with net selling of VND 52 billion and VND 50 billion, respectively.
• VJC was the most bought stock on HOSE with net buying of VND 46 billion.
• CII and MWG were net bought VND 38 billion and VND 30 billion, respectively.
• On HNX, foreign investors net bought VND 33 billion, with PVS leading at VND 17 billion.
• On UPCOM, net buying was VND 10 billion, led by F88 with VND 7 billion.

What Happened

According to market data for the June 10 trading session, foreign investors net sold VND 536 billion worth of stocks across the Ho Chi Minh Stock Exchange (HOSE), Hanoi Stock Exchange (HNX), and UPCOM. The selling pressure was concentrated on HOSE, where net selling amounted to VND 579 billion. Leading the sell-off were banking and securities stocks: MBB (Military Bank) was sold the most at VND 88 billion, followed by VPB (VPBank) at VND 52 billion and SSI (SSI Securities) at VND 50 billion.

On the buying side, VJC (Vietjet Aviation) was the most net bought on HOSE with VND 46 billion, followed by CII (Ho Chi Minh City Infrastructure Investment) at VND 38 billion and MWG (Mobile World Group) at VND 30 billion. On HNX, PVS (Petrovietnam Technical Services) led net buying with VND 17 billion, while on UPCOM, F88 (F88 Investment) was the top net buy at VND 7 billion.

Market Context

On June 10, the VN-Index rose 11 points to 1,803, but liquidity remained subdued with only VND 10,700 billion in matched orders on HoSE. The foreign net selling of VND 536 billion added to the recent trend of foreign outflows, which have been a headwind for the market. Among the most sold stocks, MBB closed at VND 24,700 (+0.20%), VPB at VND 18,450 (not provided), and SSI at VND 23,500 (not provided). In contrast, VJC closed at VND 182,000 (+1.68%), CII at VND 17,500 (+6.71%), and MWG at VND 78,200 (+1.03%), indicating strong domestic buying supported these stocks.

Strategic Significance

The foreign net selling on June 10 reflects continued caution among international investors toward Vietnamese equities, particularly in banking and securities sectors. The buying interest in VJC, CII, and MWG suggests selective foreign appetite for aviation, infrastructure, and retail stocks, which may be seen as beneficiaries of economic recovery or structural growth. For VJC, the net buying aligns with the aviation sector’s rebound in travel demand. For CII, infrastructure spending remains a government priority. MWG’s retail network expansion continues to attract attention. The divergence between sold and bought stocks highlights sector rotation and foreign portfolio rebalancing.

What to Watch

• Continued foreign flow data in the coming sessions to see if the selling trend persists or reverses.
• Q2 2026 earnings reports for MBB, VPB, SSI, VJC, CII, and MWG to assess fundamental drivers.
• SBV monetary policy decisions and their impact on banking stocks.
• Any regulatory changes affecting foreign ownership limits or capital flows.
• Market liquidity levels on HoSE, which remain low and could amplify volatility.