VNDirect (VND) reported Q1 2026 pre-tax profit of VND 681B, a 42% year-on-year increase, as part of a broader securities sector earnings release where 77 firms disclosed results. The performance contrasts with declines at firms like OCB (-95%) and losses at others, highlighting divergent operational outcomes in a recovering market.
VNDirect (VND) posted Q1 2026 pre-tax profit of VND 681 billion, a 43% year-on-year increase, as part of a broader earnings release wave. TP Securities (ORS) led with a 1,961% surge to VND 42 billion, while ACBS grew 67% to VND 303 billion, highlighting divergent performance in Vietnam's securities sector amid mixed market conditions.
Foreign investors were net sellers of 1,129.9 billion VND (~$45.2 million) on the Vietnamese stock market, with buying concentrated in Real Estate and Basic Resources sectors (e.g., VIC, SSI, HPG) and selling focused on the Information Technology sector (e.g., FPT, HCM).
The VN-Index rose over 19 points to close near 1,820, led by Vingroup stocks hitting new all-time highs, while foreign investors were net sellers of over VND 1,100 billion.
The VN-Index experienced a significant decline on April 9th, dropping nearly 20 points, with major pressure from large-cap stocks in banking, securities, and Vingroup, alongside substantial foreign net selling. Despite some positive movements in select real estate stocks, the overall market sentiment was negative, reflecting a cool-down after a previous explosive day.
The Vietnamese stock market experienced a normal correction after a strong previous session, with the VN-Index falling 1% due to geopolitical caution and profit-taking. While blue-chips generally declined, small real estate stocks showed impressive resilience and positive performance against the trend.
The VN-Index recorded a historic 79-point surge, its largest absolute gain ever, driven by strong buying demand and positive news regarding a potential market upgrade by FTSE Russell and easing Middle East tensions. This broad market rally saw significant gains across major sectors like securities, banking, real estate, and oil & gas, with liquidity doubling.
The VN-Index recorded a historic 4.71% gain with 45 stocks hitting the ceiling across all exchanges, driven by aggressive buying and a 44% surge in daily liquidity, signaling a strong return of large capital. Securities and real estate sectors were particularly strong, with many blue-chips also reaching their daily limits.
HNX and UPCoM brokerage market shares saw significant shifts in Q1/2026, with the top 10 firms increasing their overall market share. While some major players like VPS strengthened their lead, others like VNDIRECT and Vietcap experienced notable changes in their rankings across both exchanges.
FTSE Russell has confirmed Vietnam's reclassification from Frontier to Secondary Emerging market status, effective September 2026, along with a detailed 4-tranche roadmap for inclusion into FTSE GEIS indices by September 2027. A reference list of 32 potential stocks, including major large-caps, was also released.
The Vietnamese stock market experienced a significant downturn in March 2026, with major indices declining by 10-11% and foreign investors net selling over 15.5 trillion VND. Consequently, VNDirect (VND) and Duc Giang Chemical Group (DGC) dropped from the list of companies with over $1 billion market capitalization.
The Vietnamese stock market recorded its lowest liquidity in 10 months, with total transaction value significantly down and foreign investors continuing net selling. Despite this, the VN-Index saw a slight recovery, and analysts view the low liquidity as a potential sign of 'supply exhaustion' leading to a market rebound.
Vietcap (VCI) and HSC (HCM) significantly increased their brokerage market share on HOSE in Q1/2026, with VCI rising to 4th and HCM to 5th. VPS maintained its leading position for the 21st consecutive quarter, while SSI and TCBS held 2nd and 3rd places respectively.
The VN-Index fell for a third consecutive session, closing down 9 points amidst broad market declines and low liquidity, with significant selling pressure observed in oil & gas, fertilizer, securities, and real estate sectors. Investor caution is high, and foreign investors continued net selling.
Vietnam's market is anticipating the FTSE Russell interim review results for a potential upgrade to Secondary Emerging Market status and the opening of the National Assembly session, both expected to bring significant policy discussions. Long-term government policies emphasize economic stability, capital market development, and attracting foreign investment, leading to a strong capital inflow into the securities sector.
Information provided for educational purposes only. Past performance does not guarantee future results. Data sourced from public Vietnamese market feeds.
Last updated: 2026-04-21T15:44:43Z.