Food Production
Vietnamese Stock Market Sector Overview
By Aveluro Research Team · Editorial policy
The Food Production sector page tracks 2 Vietnam-listed companies, including BAF, HAG. Aveluro has classified 84 related news articles; current sector sentiment is Positive, with valuation snapshots such as Avg P/E 30.5.
| Ticker | Company | News | Close | Change | Market Cap | Volume |
|---|---|---|---|---|---|---|
| BAF | BAF | BAF stock news | 32,100 | +0.00% | 3.0T | — |
| HAG | HAG | HAG stock news | 14,000 | +0.00% | 12.7T | — |
BSC forecasts September 2026 ETF rebalancing: Fubon may add MCH, VPL, FPT, VPB, ACB and remove KDH, VCI, VND, KBC; Xtrackers may remove NKG and HAG; VanEck may add SSB and remove CEO, with HSG at risk. VIC and VHM face weight trims due to cap limits.
HAGL is developing about 20,000 hectares of coffee in Vietnam, Laos and Cambodia through 2028, with experts forecasting yields of 7.2 kg of cherries per tree in the 2027 crop.
HAGL sold nearly 14.7 million HGI shares at about VND 45,652 per share, 25% below HGI's IPO price, reducing its stake from 93.13% to 84.42%. The transaction, worth over VND 670 billion, comes as HGI's IPO is underway, raising questions about valuation and group-level cash flow.
HAGL sold 14.7 million HGI shares at an average 45,600 VND before HGI's IPO at 60,600 VND, recording a 264 billion VND gain directly in equity rather than profit. The sale trims HAGL's stake in HGI from 93.13% to 84.43%, with further dilution to ~76% after the IPO.
HAGL Investment, a subsidiary of HAG (84.43% owned), plans an IPO of 18.8 million shares at 60,600 VND, raising up to 1,139 billion VND. DatVietVAC also plans an IPO of 11.15 million shares at 54,800 VND, targeting a HoSE listing in 2026.
Foreign investors net bought VND 951.7 billion (USD 38 million) in the week ending August 30, 2026, with net buying concentrated in banking and technology, while retail and proprietary traders sold. VIC alone contributed +39.4 points to the VN-Index's 3.62% weekly gain, underscoring its outsized influence on market direction.
HAG's subsidiary HGI is preparing an IPO, projecting 2026 net profit of over 1.8 trillion VND and 2027 profit of 2.9 trillion VND, driven by coffee, banana, and durian. The company plans to expand coffee area to 6,300 ha by 2030, leveraging high-yield varieties from WASI.
Foreign investors net bought for a third consecutive session, with net buying of about 322.2 billion VND, while individual investors net sold over 954 billion VND ahead of the holiday. The VN-Index rose slightly to 1,791 points, supported mainly by VIC.
FTSE Russell added 117 Vietnamese stocks to its GEIS, with four consumer/retail small caps—MSN, VNM, MCH, VRE—expected to attract about $155.6 million in foreign inflows as Vietnam upgrades to secondary emerging market status in September 2026.
HAGL's agricultural subsidiary HGI plans an IPO of 18.8 million shares at 60,600 VND/share, raising up to 1,139 billion VND. The company targets after-tax profit of at least 1,688 billion VND in 2026 and a 50% cash dividend for three years, with listing on UPCoM expected in Q3-Q4 2026.
HAG's chairman defended the HGI IPO price of 60,600 VND/share, roughly 2.5x book value, citing untapped land and a 50% cash dividend plan. HGI's 2025 net profit rose 74.63% to 1,486 billion VND, with revenue up 20.83% to 4,885 billion VND.
HGI, an affiliate of HAGL, has received regulatory approval for an IPO of 18.8 million shares at VND 60,600 each, raising about VND 1,139 billion. The company reported 2025 revenue of VND 4,885 billion, up 20.8%, and plans a 50% cash dividend.
HGI, a HAGL subsidiary managing 7,000 ha of farmland in Laos, launches an IPO of 18.8 million shares at 60,600 VND/share, aiming to raise over 1,139 billion VND and implying a valuation of 11,350 billion VND. Proceeds will fund working capital and debt repayment, supporting HAGL's broader restructuring.
On August 6, foreign investors and proprietary trading desks both turned net sellers, with foreign net selling of VND 127 billion and proprietary net selling of over VND 285 billion. VIC saw strong foreign buying while VHM was heavily sold.
HAG's subsidiary HGI plans an IPO of 18.8 million shares at VND 60,600 each, raising up to VND 1,139.28 billion, with subscription from Aug 18 to Sep 7, 2026. The proceeds will fund working capital and debt repayment, supporting HGI's expansion and future listing plans.
Information provided for educational purposes only. Past performance does not guarantee future results. Data sourced from public Vietnamese market feeds.
Last updated: 2026-09-15T16:23:26Z.