VEF

VEFAC (VEF) reported Q2/2026 net profit of 401 billion VND, up 15% YoY, with the bulk of earnings coming from financial income (lending and investment) rather than its core exhibition business. The stock has fallen over 50% from its year-ago peak, trading near 70,000 VND on UPCOM.

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.

VEF, 85%-owned by Vingroup, appointed Pham Ngoc Thoa as Chief Accountant effective May 29, 2026, replacing Pham Thi Huyen. The change comes as VEF reported Q1/2026 net profit of VND 140B, down 99.1% from the prior-year period which included a large project transfer gain.

Foreign investors net sold VND 562 billion on June 2, 2026, extending a recent selling trend. The selling was concentrated in HPG, HDB, ACB, CTG, and VPB, while FPT saw net buying of nearly VND 500 billion, making it the top purchased stock 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 800 billion (USD 31.4 million) on May 27, with VHM (VND 220B), HPG (VND 141B), VIC (VND 102B), FPT (VND 83B), and BSR (VND 51B) bearing the heaviest selling. The sell-off contributed to a 10-point drop in VN-Index to 1,874, while MSB, MWG, and ACB saw net buying.

Foreign investors net sold over VND 2,000 billion (approx. USD 80 million) on April 15, 2026, the largest single-session outflow in recent weeks. FPT alone accounted for VND 417 billion of selling, followed by ACB, VCB, VHM, and MSB. The selling pressure contributed to a 17-point drop in the VN-Index, with total matched orders on HoSE reaching only VND 17,300 billion.

SSI reported Q1/2026 pre-tax profit of VND 1,593 billion, up 52% YoY, alongside strong results from SAB (+51%), ANV (+64%), and NTP (+19%). VEFAC saw profit collapse 99% to VND 175 billion due to a high base from a project transfer, while PXM, DSP, and NOS remained loss-making.

VEF Q1/2026 net profit fell 99.1% to 140 billion VND, following a record 14,873 billion VND in Q1/2025 that included a one-time project transfer worth over 44,560 billion VND. The sharp decline underscores the non-recurring nature of that revenue, while total assets rose 30% to 30,514 billion VND.

Vinhomes (VHM) was the primary target of foreign selling on April 15, with a net outflow of VND 3,400 billion, accounting for the vast majority of the total VND 3,651 billion net foreign sell-off on HOSE. This occurred despite a 25-point rally in the VN-Index to 1,800, driven by other Vingroup affiliates, highlighting a sharp divergence in foreign sentiment within the blue-chip basket.