Chemicals

Foreign investors net sold VND 633.74B on HOSE on 30 October, with Vingroup (VIC) alone accounting for VND 353.68B of the outflow at a close of VND 241,000. VN-Index fell 0.8% to 1,741.62 and HNX-Index dropped 1.51% to 252.74, with materials and industrials leading declines while utilities rose.

Vietnamese stocks fell broadly with the VN-Index down 0.8% and VN30 down 1.18%, dragged by banking stocks where all 13 VN30 banks declined and 20 of 28 banks fell over 1%. Blue-chips VIC, VHM and GAS recovered to cushion the index, but breadth was weak with 253 decliners on HoSE and 100 stocks down more than 2%.

Duc Giang Chemicals (DGC) reported Q3/2026 net profit of VND 507B, down 37% year-on-year but up 15% from Q2, on revenue of VND 2,469B (-12% YoY). Nine-month net profit fell 46% as input costs rose and the company's 25 mine stayed suspended for investigation, forcing full reliance on imported and purchased ore.

Duc Giang Chemicals (DGC) posted 9M revenue of VND 7,016B, down 17.7%, and after-tax profit of VND 1,369B, down 46% year-on-year. Bank deposit interest of roughly VND 527B, up 18%, now covers about 8.5x the company's interest expense, masking a core chemicals business squeezed by higher sulfur, power and coking coal costs and the suspension of the Khai Truong 25 mine.

Hòa Phát (HPG) was the single largest foreign net-buy on matched orders on 29/10, rising 2.17% and adding roughly 0.79 points to the VN-Index even as foreigners net sold VND 429.9B across the market. Steel was one of only a handful of sectors to close higher, with liquidity also picking up.

Securities firms' proprietary trading desks net sold 286 billion VND on HoSE on October 29, led by TCB (-89 billion VND), while foreign investors net sold 430 billion VND market-wide. VN-Index fell 11.04 points (-0.62%) to 1,755.61.

Foreign investors net sold roughly VND 430 billion across Vietnam's market on October 29, with HoSE alone at VND 459 billion net selling as the VN-Index fell 11 points to 1,756. VPBank (VPB) led net buying at about VND 83 billion, followed by HPG at VND 63 billion, while TCB and FPT absorbed the heaviest outflows near VND 118 billion and VND 115 billion.

Foreign investors net sold VND 605.2B on HoSE in the morning session, the heaviest in four weeks, with FPT accounting for nearly VND 110B of that outflow. FPT fell 2.78% to its lowest level since July 2023, while breadth deteriorated to 218 decliners against 81 advancers as VN-Index lost 0.69%.