VCB

Foreign investors net sold VND 1.92 trillion on July 22, the strongest net selling this month, with SSI, VIC, and VCB leading the sell-off. VNM was a bright spot with net buying of VND 167 billion, highlighting its defensive appeal amid broad market weakness.

The State Bank of Vietnam (SBV) will remove regulations on interbank lending and deposit limits between credit institutions, following industry feedback. This simplifies compliance for banks like BID, LPB, and VCB, potentially increasing interbank market flexibility and reducing operational burdens.

Foreign investors turned net sellers on HOSE on July 22, 2026, offloading VND 1,937.5 billion (~$77.5 million), with SSI, VIC, VCB, and ACB bearing the heaviest selling. The VN-Index fell 62 points (-3.58%) amid broad-based declines, led by real estate and financials. The selling pressure underscores persistent foreign caution toward Vietnamese equities.

Foreign investors net sold nearly VND 1,921 billion (USD 76.8 million) on July 22, contributing to a 62-point drop in the VN-Index below 1,700. SSI, VIC, and VCB were the most sold, while VNM, HPG, and GEE were net bought. The sell-off underscores persistent foreign outflow pressure on blue chips.

The State Bank of Vietnam is finalizing a draft circular to replace Circular 22/2019 on safety limits and ratios, moving toward Basel III standards. Banks including ACB, VCB, BID, CTG, TCB, MBB, and VIB are actively discussing the draft at a risk management forum. The new rules will require tighter capital and liquidity management, potentially affecting profitability and dividend policies.

Nearly 70 state-owned enterprises, including major tickers like BID, VCB, GAS, ACV, and BSR, face delisting by January 1, 2027 if they fail to meet shareholder structure requirements. The State Securities Commission views this as a necessary screening process to support Vietnam's market upgrade to emerging market status, which could attract significant foreign capital.

GMD saw proprietary trading desks net buy over VND 300 billion on July 20, accounting for nearly 70% of total proprietary net buying on HOSE. Foreign investors net sold VND 96 billion, with VCB leading the sell-off. The divergence highlights continued foreign outflow pressure while domestic institutions selectively accumulate logistics and real estate names.

GMD saw VND 300 billion in net buying from proprietary trading desks on July 20, the largest single-stock inflow, as VN-Index dropped 43.94 points. The buying partially offset foreign net selling of VND 86 billion across the market, signaling domestic institutional support for select blue chips.