Travel & Leisure

Vietnam's stock market rose in the morning session of September 15, with banking and oil & gas stocks leading gains; VN-Index was up 14 points at 1,802.3 and foreign investors net bought nearly 460 billion VND.

FTSE Russell index-tracking ETFs are set to net-buy about USD 240 million across 27 Vietnamese stocks on September 18, with VPB drawing the largest single inflow at USD 32.8 million. The buying precedes Vietnam's official upgrade to secondary emerging market status on September 21, the first of four tranches running through September 2027.

Vietnam Airlines (HVN) signed an MOU with Airbus covering 5 A350-900 wide-body aircraft, with delivery slated for 2033-2034. The deal, witnessed by Tô Lâm and Emmanuel Macron in Paris, extends a fleet relationship that already spans 80 Airbus jets but adds no near-term capacity.

FTSE Russell's semi-annual review adds 27 Vietnamese stocks, including Vietcombank (VCB) and Vingroup (VIC), to its global indices. SSI Research estimates index-tracking funds will net buy about USD 245.92 million on September 18, 2026, with total inflows of USD 2.4-4.45 billion through September 2027.

Foreign ETFs rebalance on September 18 alongside the first FTSE upgrade disbursement, with SSI Research estimating USD 450M of buying against USD 204M of selling, or roughly USD 246M net into 27 Vietnamese stocks. VPB leads at USD 33M, while MCH faces the heaviest liquidity pressure at 10.51 days of average volume and VIC is seen net sold by about USD 28M.

SSI Research estimates foreign ETFs will net buy about USD 240 million in the first FTSE upgrade disbursement, with VPBank (VPB) attracting the largest inflow at USD 32.82 million. Total passive inflows from the upgrade could reach roughly USD 2.28 billion across four tranches, while Vingroup (VIC) faces the biggest outflows at USD 28.06 million.

SSI Research estimates foreign ETFs will net buy about $246 million during the September 18, 2026 restructuring tied to Vietnam's FTSE upgrade, with VPB drawing the largest inflow at roughly $33 million, ahead of VHM at $31 million and MCH at $22 million. VIC sits on the other side, facing an estimated $28 million of net selling as Xtrackers cuts its weight from 31.6% to 15%.

Vietjet (VJC) signed cooperation agreements with France's Thales on 13 September in Paris covering aviation MRO, digital technology, AI and cybersecurity. The tie-up sits alongside the carrier's near-USD 100 million Long Thanh maintenance center and a CFM LEAP engine MRO study, extending VJC beyond passenger transport into the aftermarket.

FTSE Russell added 27 Vietnamese stocks, including eight banks, to its FTSE All-Cap index effective 21 September 2026, with MBS forecasting $308M in passive inflows to the bank group and $75.2M to VPB alone. Vietnam's weight in the FTSE Emerging All Cap Index rises to 0.49% from 0.329%, part of a four-phase allocation running through September 2027.