Sep 15, 2026
Full Analysis
Positive
sector sentiment
VPBank (VPB) holds VND 295,770B in real estate business loans, the largest book in Vietnam's banking system, as sector-wide credit rose about 25% in H1 2026 to more than VND 2.5 quadrillion. VPBank, SHB, Techcombank and MB together account for roughly 36% of that exposure, while the SBV weighs a VND 50,000B refinancing package for rental housing.
Sep 15, 2026
Full Analysis
Positive
foreign flow
Foreign investors net bought over 30 million shares, the highest in five months, ahead of Vietnam's FTSE Russell upgrade to secondary emerging market on September 21. VPB and other banks led the buying, with an estimated initial inflow of about USD 240 million.
Sep 15, 2026
VnEconomy - Chứng khoán
Positive
sector sentiment
Sep 14, 2026
Full Analysis
Neutral
sector sentiment
VPBank, SHB, Techcombank and MB together hold nearly VND 900,000B in real-estate business loans, roughly 36% of the sector, with VPBank alone at VND 296,000B. Growth is now broadening: VIB and TPBank expanded these books 58% and 55% in H1, while Techcombank deliberately slowed to 2.6%.
Sep 14, 2026
Full Analysis
Positive
foreign flow
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.
Sep 14, 2026
Full Analysis
Positive
foreign flow
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.
Sep 14, 2026
Full Analysis
Positive
foreign flow
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.
Sep 14, 2026
Full Analysis
Negative
foreign flow
Foreign investors net sold VND 1,570.7 billion across Vietnam's three exchanges in week 37/2026, with Vingroup (VIC) and Vinhomes (VHM) the largest single drags on the VN-Index. The benchmark fell 3.12% to 1,795.21 points as HOSE matching value dropped 10.7% week-on-week, signalling weak domestic absorption of foreign supply.
Sep 13, 2026
Full Analysis
Positive
foreign flow
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%.
Sep 13, 2026
Full Analysis
Positive
foreign flow
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.
Sep 11, 2026
Full Analysis
Mixed
foreign flow
MarketVector's Q3 2026 review adds SeABank (SSB) to the roughly USD 520M VNM ETF and removes CEO, with the fund expected to buy about 13.2 million SSB shares plus HPG and VPL, while selling VIC and SSI into the September 18 close. FTSE Russell separately added MCH, TCX and VPL to its Vietnam Index and removed 21 names, a shift tied to Vietnam's upgrade to Secondary Emerging market status.
Sep 11, 2026
Full Analysis
Negative
foreign flow
Foreign investors net sold VND 1,575 billion (~USD 63 million) of Vietnamese equities in the week of September 7-11, as the VN-Index fell 3.12% to 1,795.21. FPT drew the largest net buying at VND 383 billion, while VHM absorbed the heaviest outflows at VND 689 billion.
Sep 09, 2026
Full Analysis
Positive
sector sentiment
Vietnamese banks reported a 54.3% YoY increase in service fee income in Q2 2026, with Techcombank (TCB) leading at VND 6,811 billion. This shift toward non-interest income is crucial as NIM pressures persist, making digital transformation a key driver for revenue diversification.
Sep 09, 2026
Full Analysis
Negative
foreign flow
Foreign investors have been net sellers on HoSE for 42 consecutive months, with only 4 months of no selling, totaling over VND 340 trillion. Despite Vietnam's FTSE Russell secondary emerging market upgrade effective September 21, 2026, outflows persist, with nearly VND 91 trillion withdrawn in 2026 alone, affecting large caps like VCB.
Sep 09, 2026
Full Analysis
Negative
foreign flow
Foreign investors have net sold VND 2.5 trillion in the first five sessions of September, marking three consecutive days of selling ahead of Vietnam's FTSE Russell market upgrade. Pressure is concentrated on large-caps like VCB, SHB, ACB, VIX, and VHM, with analysts viewing this as portfolio repositioning rather than a structural outflow.