Foreign investors turned net buyers of VND 357.1 billion after a long selling streak, with strong buying in real estate and banking stocks, while the market showed extreme divergence with Vingroup stocks propping up the VN-Index.
GVR confirms it will not lose public company status despite having only 3.23% of shares held by non-major shareholders, well below the 10% threshold. The exemption applies under transitional regulations for state-owned enterprises undergoing capital restructuring as per Decree 57/2026.
On June 4, 2026, foreign investors net sold VND 5,742.2 billion on the Vietnamese stock market, the largest daily sell-off in recent months, but domestic institutions absorbed the entire amount with net purchases of VND 5,915.0 billion. A notable block trade saw 25.2 million VIC shares worth VND 4,997.4 billion transferred from foreign to domestic hands, signaling a major ownership shift in Vingroup.
Foreign investors net sold a record VND 5,760 billion on June 4, 2026, with Vingroup (VIC) accounting for VND 4,900 billion of the outflow, primarily via block trades. The selling occurred despite a recovering VN-Index, highlighting concentrated foreign divestment from the real estate giant.
Foreign investors net sold nearly VND 6,000 billion in a single session, with VIC alone accounting for VND 4,900 billion of the outflow. Domestic institutions net bought VND 5,500 billion, partially offsetting the selling.
Oil stocks led the market with PLX hitting ceiling, GAS up 2.01%, BSR up 3.59%, contributing about 3 points to VN-Index, while overall market breadth was weak with 199 declining stocks and liquidity dropping 28% from the previous morning.
Petrolimex (PLX) will sell its entire 23.3 million treasury shares to restore compliance with the public company rule requiring at least 10% of voting shares held by non-major shareholders. The move also aims to strengthen financial capacity and long-term capital balance after reporting a Q1/2026 net loss attributable to parent of VND 763 billion.
Petrolimex (PLX) plans to sell all 23.3 million treasury shares (1.8% of charter capital) to raise minority shareholder ownership above the 10% threshold required by securities law, after falling short at 9.4%. The move comes as PLX reported a Q1/2026 net loss of VND 662 billion, its worst in 25 quarters, despite record revenue.
PLX and OIL are the dominant blenders under Vietnam's E10 mandate, with combined licensed capacity of 775,000 m3/month, covering 89% of domestic gasoline supply. The regulation, now cleared by the Ministry of Justice, creates structural demand for ethanol and reinforces the market position of these two state-linked distributors.
BSR posted Q1 2026 net profit of VND 8,265B, up 1,973% YoY, driven by elevated crack spreads and low-cost inventory. BSC raised its full-year net profit forecast to VND 15,515B (+199% YoY) and reiterated a BUY rating with a target price of VND 33,800, implying 22% upside from the current price of VND 27,850.
FPT attracted net foreign buying of VND 567 billion on June 3, the largest inflow on HOSE, as foreign investors net sold VND 600 billion market-wide. The buying supported FPT's share price, which rose 2.27% to VND 76,500, contrasting with selling pressure on ACB, VHM, and VIC.
Foreign investors net sold VND 633 billion on June 1, the eighth consecutive session, with ACB leading the sell-off at VND 109 billion. Proprietary desks also net sold nearly VND 35 billion on HOSE.
ACB saw the largest foreign net sell-off of VND 109 billion on Monday, as foreign investors offloaded a net VND 634 billion across the market. The selling pressure contributed to a 19-point drop in the VN-Index, while MWG, FPT, and VCB attracted net buying.
Foreign investors net sold nearly VND 19,357 billion (USD 774 million) in May 2026, with top sells including FPT, ACB, HPG, VHM, MBB, STB, KDH, CTG, and VIC. The VN-Index rose 0.51% but liquidity remained subdued, indicating cautious market sentiment.
Information provided for educational purposes only. Past performance does not guarantee future results. Data sourced from public Vietnamese market feeds.