MSB

VanEck Vietnam ETF's Q2 2026 rebalancing is expected to add VPL and MSB while removing HDG and CTR, with significant net buying in MSB, VCK, and VPL. Net selling pressure is forecast on NVL, VHM, and VIC. Foreign investors net sold VND 3,124 billion (~USD 124.96 million) on the Vietnamese market.

Foreign investors net sold VND 19.3 trillion on HOSE in May 2026, the highest in 7 months, with cumulative year-to-date net selling reaching VND 64.4 trillion. FPT, MSB, ACB, and VHM were the most sold, while VCB was the only stock with net buying over VND 1 trillion. The persistent selling pressure reflects global fund rebalancing and defensive positioning ahead of Vietnam's market upgrade.

Foreign investors net sold VND 633 billion on June 1, the eighth consecutive session, with ACB leading the sell-off at VND 109 billion. Proprietary desks also net sold nearly VND 35 billion on HOSE. The persistent outflow pressures banking and energy stocks while selective buying supports retail and technology names.

The State Bank of Vietnam has relaxed real estate credit growth caps for 25 commercial banks, excluding social housing and industrial zone loans from the limit. While intended to boost priority segments, the policy raises asset quality concerns if the property market recovery slows, impacting banks like ACB, BID, CTG, and EIB.

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 19,357 billion (USD 774 million) in May 2026, with top sells including FPT, ACB, HPG, VHM, MBB, STB, KDH, CTG, and VIC. The VN-Index rose 0.51% but liquidity remained subdued, indicating cautious market sentiment.

VIB sees Unicap group net acquire nearly 31 million shares, lifting combined ownership to 8.4% (286 million shares) as of late May 2026. Separately, state-owned VMSC has fully exited MSB, completing a planned divestment. The moves signal shifting ownership structures in Vietnamese banking.

The State Bank of Vietnam (SBV) exempts 25 commercial banks from including social housing, industrial park, and export processing zone loans in real estate credit growth limits from January 1, 2026. This regulatory change supports targeted lending while maintaining overall credit controls, benefiting banks like ACB, BID, and CTG with expanded capacity for priority sectors.

The State Bank of Vietnam issued a joint statement with the US Treasury on currency policy, relaxed credit rules for social housing and industrial zone loans, and proposed amendments to Decree 24 on gold market regulation. These moves signal a more transparent FX regime and targeted credit support, benefiting banks like ACB and MSB with real estate exposure.

The State Bank of Vietnam (SBV) announced a series of policy moves: easing credit room for social housing and industrial zone real estate, proposing amendments to Decree 24 on gold market regulation, and issuing a joint statement with the US Treasury on currency policy. These actions signal a more accommodative stance on credit growth and a commitment to transparent forex management, benefiting banks like ACB and MSB.

The State Bank of Vietnam (SBV) will exclude additional loans for social housing, industrial parks, and export processing zones from real estate credit limits starting 2026, benefiting 25 major banks including ACB and MSB. This policy shift allows these banks to expand lending in targeted segments without breaching sector caps, potentially boosting credit growth and supporting government housing initiatives.

The State Bank of Vietnam has relaxed real estate credit growth limits for 25 commercial banks, including ACB and MSB, by excluding loans for social housing, industrial parks, and export processing zones from the calculation for 2026. This allows banks to expand lending to priority segments without breaching sector caps, supporting credit growth and economic stimulus.

MSB was the most sold stock by foreign investors in the last week of May, with net selling of VND 1,756 billion, contributing to a total foreign net outflow of VND 5,118 billion across the market. The selling pressure pushed VN Index down 0.73% to 1,863.49 points, highlighting persistent foreign divestment from Vietnamese equities.