Retail

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.

Proprietary trading desks at securities companies net bought 460 billion VND on HOSE on July 22, when VN-Index fell 62 points. Techcombank (TCB) was the most bought stock at 235 billion VND, while foreign investors net sold 1,921 billion VND across the market.

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.

MWG stock dropped sharply by 25% from its February peak, hitting the floor price on July 22 with heavy selling pressure. The company is about to close a 10% cash dividend on July 30, while reporting strong H1 2026 revenue growth of 29%.

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.

Investor cash deposits at securities companies fell 25.9% QoQ to VND 86.6 trillion in Q2 2026, the lowest in four quarters, as high deposit rates (up 254 bps for Tier-1 banks) reduced cash available for stock buying. Margin debt rose 8.1% QoQ to over VND 446 trillion, indicating high leverage.

Margin debt at Vietnamese securities companies hit a record VND 446 trillion by end-June 2026, up 8.1% QoQ, with leverage rising despite a 54% drop in average daily trading volume. Analysts warn that tight liquidity and rising rates may keep valuations low.

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.

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.

Dragon Capital group sold 214,000 FRT shares on July 15, 2026, lowering its stake to 4.9451% and losing major shareholder status at FPT Retail. The sale comes amid strong Q1 2026 results with net profit up 76% YoY and a successful stock dividend issuance.