NVL

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. FPT was the top net buy at VND 257 billion.

NVL was the most sold stock by proprietary trading desks on HOSE on June 3, with net selling of VND 87 billion, as total proprietary net selling reached VND 995 billion. The selling pressure adds to NVL's recent decline, with the stock closing at VND 13,600, down 4.23% on the day.

VanEck Vietnam ETF's Q2 2026 rebalancing is expected to add VPL and MSB while removing HDG and CTR, with significant net buying in MSB, VCK, and VPL. Net selling pressure is forecast on NVL, VHM, and VIC. Foreign investors net sold VND 3,124 billion (~USD 124.96 million) on the Vietnamese market.

Novaland (NVL) will issue 167.6 million bonus shares on June 11, 2026, at a 40:3 ratio, increasing charter capital from VND 22,345 billion to VND 24,021 billion. The move capitalizes share premium from audited 2025 financials, while a related party, Diamond Properties, continues to reduce its stake.

Vietnam real estate companies increased total debt to approximately VND 300 trillion by end-Q1 2026, while aggregate revenue surged 210% YoY to VND 76 trillion, driven by VHM and NVL. Gross profit margin recovered to 48.1%, near 2021 peaks, signaling improved pricing power in the high-end segment.

Novaland (NVL) is seeking a waiver from bondholders for missed payments on its $300 million international convertible bond, alongside proposed amendments to the bond contract. The vote requires approval from at least 66% of bondholders by June 4. This restructuring effort is critical for NVL's financial stability amid ongoing market challenges.

MSB was the most sold stock by foreign investors in the last week of May, with net selling of VND 1,756 billion, contributing to a total foreign net outflow of VND 5,118 billion across the market. The selling pressure pushed VN Index down 0.73% to 1,863.49 points, highlighting persistent foreign divestment from Vietnamese equities.

Foreign investors net sold over VND 750 billion (USD 30 million) on May 29, with selling spread across multiple stocks including CTG, VHM, and VPB. Proprietary traders reversed the trend, buying nearly VND 225 billion, focusing on banking stocks VPB, VCB, and TCB. MSB was the top foreign-bought stock with net purchases of VND 93 billion.

On May 29, proprietary trading desks at securities companies net sold VND 570 billion on HOSE, while foreign investors net sold approximately VND 750 billion across the entire market. VPB was the most bought stock by proprietary desks, with net purchases of VND 57 billion, while E1VFVN30 saw the largest net selling.