Foreign investors net sell VIC nearly VND 879 billion on April 20

Overview

Foreign investors returned to net selling on the Vietnamese stock market on April 20, with total net sell value of VND 629 billion. The strongest sell pressure was on Vingroup (VIC), which saw net selling of approximately VND 879 billion. On the buy side, SSI and MWG were the most purchased stocks, with net inflows of VND 136 billion and VND 133 billion respectively.

Key Facts

• Foreign investors net sold VND 629 billion across the entire market on April 20.
• On HOSE, foreign net selling reached VND 605 billion.
• VIC was the most sold stock, with net selling of approximately VND 879 billion.
• Other heavily sold stocks on HOSE: VPB (VND 138 billion), BSR (VND 53 billion), CMD (VND 45 billion), BID (VND 41 billion).
• Top net bought stocks on HOSE: SSI (VND 136 billion), MWG (VND 133 billion), FPT (VND 105 billion), VHM (VND 88 billion), MSN (VND 73 billion).
• On HNX, foreign net selling was VND 27 billion, with PVS leading sell-off at VND 22 billion.
• On UPCoM, foreign investors net bought VND 3 billion, with ABB the most bought at VND 11 billion.

What Happened

On April 20, the VN-Index rose nearly 20 points to close at 1,837 points, driven by Vingroup stocks. However, foreign investors reversed to net selling after previous sessions, offloading VND 629 billion across the market. The selling was concentrated on HOSE, where foreign net selling amounted to VND 605 billion.

VIC was the primary target, with net selling of approximately VND 879 billion. Other notable sell-offs included VPB (VND 138 billion), BSR (VND 53 billion), CMD (VND 45 billion), and BID (VND 41 billion). On the buying side, SSI and MWG attracted the most foreign capital, with net purchases of VND 136 billion and VND 133 billion, respectively. The data is based on exchange filings for the trading session.

Market Context

VIC closed at VND 177 on April 15, up 6.95% with high volume, indicating strong domestic buying. The foreign sell-off on April 20 suggests profit-taking or portfolio rebalancing by international investors. VPB and BSR also faced significant foreign selling, while SSI and MWG saw foreign accumulation. The broader market remains supported by domestic liquidity, with HOSE matching volume at VND 18 trillion.

Strategic Significance

The heavy foreign selling in VIC, despite the stock’s recent rally, highlights divergent views between domestic and foreign investors. VIC’s strong performance may be driven by local optimism about Vingroup’s business prospects, while foreign investors appear to be taking profits or reducing exposure. The net buying in SSI and MWG indicates selective foreign interest in securities and retail sectors.

What to Watch

• Follow-up foreign flow data for VIC in subsequent sessions to see if selling persists.
• VIC’s upcoming quarterly earnings report for Q1 2026.
• Changes in foreign ownership limits for VIC and other heavily traded stocks.
• Market-wide foreign flow trends amid global interest rate expectations.
• Any corporate announcements from Vingroup that could affect investor sentiment.