Nong Nghiep Hoa Phat (HNG) announced at its AGM a 2026 business plan projecting an 11% revenue decline to VND 7,200B and a 37% net profit drop to VND 1,005B. Management attributed the conservative guidance to Middle East geopolitical tensions, elevated energy and fertilizer costs, and persistent African Swine Fever risks.
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.
The stock market opened in the red on July 26th, with large-cap stocks, especially banking shares, declining sharply, and the VN-Index dropping 10 points by 9:30 AM.
Foreign investors were net buyers of 195 billion VND (approx. $7.8 million) across the Vietnamese market on April 14, with strong net buying in Vingroup (VIC) and Hoa Phat Group (HPG), while FPT saw the largest net selling.