Banking

Foreign investors net sold 443 billion VND (~17.72 million USD) across all three exchanges on July 23, with banking stocks MBB, TCB, VCB, VPB, and TPB being the most sold. The VN-Index still rose nearly 31 points to near 1,700 points.

On March 9, 2026, the VN-Index plunged 115.05 points (-6.51%), the sharpest drop in 4 months, with blue-chips like VIC, VHM, and MWG hitting floor prices. Foreign investors net sold 1,936 billion VND (approx.

VN-Index fell below 1700 points in morning trading, dropping 37.66 points to 1692.9, with foreign investors net selling 994.3 billion VND (~39.8 million USD) on HoSE, a 98% increase from the previous morning. Major blue-chips like VIC, VHM, VCB, BID, CTG, and VPB led the decline, while VNM and FPT bucked the trend.

GMD saw VND 300 billion in net buying from proprietary trading desks on July 20, the largest single-stock inflow, as VN-Index dropped 43.94 points. The buying partially offset foreign net selling of VND 86 billion across the market, signaling domestic institutional support for select blue chips.

National Securities (VCI) swung to a pre-tax loss of VND 97B in Q2/2026 from a profit of VND 42B a year earlier, driven by a 50% revenue decline and a 75% increase in operating costs. The loss was primarily due to a near-total collapse in gains from FVTPL financial assets, which fell from VND 96B to just VND 1B.

MWG (Mobile World Group) attracted the largest net foreign buying of VND 206 billion on July 20, even as the VN-Index dropped 44 points and foreign investors overall net sold VND 86 billion across the market. The buying interest in MWG contrasts with heavy net selling in VCB, STB, and VPB, suggesting selective foreign allocation toward retail amid the broad sell-off.

VPBank's consumer finance arm FE Credit posted a 43% drop in net profit to VND 152 billion in H1 2026, despite revenue rising 7.7% to VND 10.2 trillion. Credit risk provisions of VND 6.2 trillion absorbed nearly all pre-provision profit, underscoring persistent asset quality challenges.