Foreign investors were net sellers of about VND 275 billion across the market in the October 20 session, including VND 220 billion on HOSE. TCB was the most heavily bought stock on HOSE at over VND 345 billion, followed by HPG and FRT at VND 145 billion and VND 78 billion, while ACB led net selling at VND 137 billion. The VN-Index stayed in the red for most of the session amid cautious sentiment before recovering slightly to close up 2 points at 1,691, with HOSE liquidity topping VND 13,000 billion.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Khối ngoại "rót" gần 350 tỷ gom một cổ phiếu ngân hàng phiên 20/10
Keywords
foreign investorsTCBbankscapital flowsVNINDEX
Open a keyword to see other news on the same topic.
Related tickers and likely impact
VNINDEX
▲ Likely positiveRelevance: low
| Market | Vietnam stocks |
|---|---|
| Close on 10/20/2026 | 1,691.97 |
| Change that session | +0.13% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- Foreign investors may stop net selling Vietnamese stocks from mid-2027
Experts expect foreign investors to struggle to return to net buying this year but see a possible reversal from mid-2027 as index-upgrade inflows rise and selling room shrinks. Foreigners have sold net for 18 straight sessions on HCMC, over VND 24,000 billion, the longest streak in two years, and bought net only one session since the FTSE Russell upgrade. Year to date net outflows total VND 118,000 billion (US$4.6 billion), and the index briefly fell below 1,700 points. Analysts blame capital shifting to US, Japanese and Chinese tech stocks, high global rates, and active funds taking profits after passive funds had already invested. Foreign ownership on HCMC has dropped from 20.6% at end-2024 to 12.5%, while the upgrade could draw US$2.5–3 billion in passive inflows, of which only about 10% has been deployed.
- When will foreign investors stop net selling Vietnamese stocks?
Experts expect foreign investors to struggle to return to net buying this year but see a possible reversal from mid-2027 as index-upgrade inflows rise and selling room shrinks. Foreigners have sold net for 18 straight sessions on HCMC, over VND 24,000 billion, the longest streak in two years, and bought net only one session since the FTSE Russell upgrade. Year to date net outflows total VND 118,000 billion (US$4.6 billion), and the index briefly fell below 1,700 points. Analysts blame capital shifting to US, Japanese and Chinese tech stocks, high global rates, and active funds taking profits after passive funds had already invested. Foreign ownership on HCMC has dropped from 20.6% at end-2024 to 12.5%, while the upgrade could draw US$2.5–3 billion in passive inflows, of which only about 10% has been deployed.
- Over VND 3,000 billion of Vietnamese stocks net sold by foreign investors across 5 straight sessions; which stock is the focus of the "selling"?
Foreign investors net sold Vietnamese stocks in all five sessions of the 12–16 October trading week, totaling VND 3,007 billion and adding pressure to the market. The VN-Index ended the week at 1,705.91 points, down 29.18 points (1.68%), after briefly dipping below 1,690; average liquidity was about VND 13,182 billion per session. VIC led net selling at VND 417.14 billion, followed by TCB (281.94 billion), VIX (213.90 billion) and FPT (202.24 billion). On the other side, MBB led net buying at VND 230.22 billion, while PVT drew net buying of VND 95 billion.
- VN-Index drops 16 points after strong rally
VN-Index reversed from a strong early rally to close 16 points lower in the first session of the week, finishing below 1,690 points, its lowest in nearly 3 months and more than 12% below its record high of 1,927 points. Selling pressure focused on banks, with VIC down nearly 4% and pulling the index down more than 13 points, while oil and gas stocks such as PVT, BSR and GAS rose about 1-2% and helped limit the decline. Liquidity reached over VND 13,000 billion, and foreign investors extended their net selling to 19 consecutive sessions, buying about VND 1,400 billion against sales of about VND 2,200 billion. MBS said seasonality is driving the market, as October has historically been the weakest period of the year, and Q3 earnings may not be enough to create a broad ripple effect. TPS sees the index nearing long-term support around 1,685 points, with any sustained recovery depending on improved liquidity.
- Techcombank sets record date for 50% stock dividend
Techcombank's Board has issued a resolution to issue over 3.54 billion shares as a 50% stock dividend, where every 100 shares receive 50 new shares. The final record date is October 30, 2026, funded by undistributed retained earnings in the audited 2025 financial statements. Shareholders approved the plan with about 69.94% of votes in favor, and the State Bank of Vietnam approved a charter capital increase of up to VND 35,730.97 billion, including ESOP shares. After the dividend, the bank will offer nearly 29.97 million shares to employees at VND 10,000 each, with a one-year transfer restriction; completing both steps would bring charter capital to about VND 106,593 billion. In the first half of 2026, pre-tax profit reached VND 18,540 billion, up 22.5% year on year.
- Notable stocks at the open of the 20/10 session
Market liquidity fell sharply in the 12–16/10 trading week, with average trading value on HOSE and HNX dropping below 14 trillion VND. The VN-Index lost more than 29 points that week, with VIC and VHM the biggest drags. Securities stocks have fallen over 24% since the start of the year despite expected gains from a market upgrade. In the 19/10 session, ACB saw net selling of hundreds of billions by foreign and proprietary investors, while large money flows moved against the trend at FRT and CTG. Also, 21 of 22 tracked construction and building materials stocks have declined since early 2026, and HOSE moved PLP to restricted trading on 16/10.
Related markets
Latest news
- Amazon blocks agentic AI shopping. But Walmart is betting big that it's worth saying yes.
A Bank of America note led by Christopher Nardone, published Monday, argues Walmart stands to benefit if shoppers hand purchases to AI agents, citing its integration with multiple AI ecosystems, its own shopping assistant “Sparky” and partnerships including Meta's Muse. Walmart, Best Buy (BBY) and Ulta (ULTA) are among Muse's key partners, while some other retailers have blocked it. Amazon has blocked Muse from making purchases on its site and bars automated shopping tools, though it may not be losing much in sales since most people use AI mainly for research. Walmart's management, however, cannot say how popular shopping agents will become, and it is unclear how advertising, a growing business for Walmart, would be affected if screenless computers handle checkout.
- Stocks are driving consumption 'like never before' — and that exposes a big risk
In a note published Monday, Doug Peta, chief US investment strategist at BCA Research, argues the stock market is influencing the economy like never before. US household net worth reached over eight times disposable income at midyear, an all-time high, and the value of household equity holdings is nearly three times annual after-tax income. Peta estimates that a 10% gain in the S&P 500 over a year boosts household spending capacity as much as a 28% raise, making consumption more sensitive to equity moves. That sensitivity cuts both ways, as a future bear market could amplify spending pullbacks because households would feel vulnerable rather than wealthy.
- H.I.G. WhiteHorse Provides Financing to Be-Cloud and QualityHosting
H.I.G. WhiteHorse, the credit affiliate of H.I.G. Capital, has arranged a debt package to finance QualityHosting's acquisition of Be-Cloud, with QualityHosting being a portfolio company of PSG Equity. The package also provides additional capital for the combined company's future growth and M&A strategy. Be-Cloud, founded in 2012 and headquartered in France, is a leading European Microsoft Cloud Solution Provider with more than 37,500 active end customers and over 1,000 reseller and MSP partners. QualityHosting, a German Microsoft CSP, serves more than 30,000 end customers and has about 1,000 reseller partners.
- Residential electricity prices may be set by peak and off-peak hours
Vietnam's Minister of Industry and Trade, Lê Mạnh Hùng, submitted to the National Assembly on the afternoon of October 20 a draft amendment to the Electricity Law. It would allow retail electricity to be priced by peak, off-peak and normal hours where technical conditions allow, with a roadmap for applying this to residential customers. The draft also sets out a plan to eliminate cross-subsidies between customer groups and proposes incentive pricing for renewable energy, new energy and storage systems. Nguyễn Thanh Hải, chair of the National Assembly's Committee for Science, Technology and Environment, asked that the scope and roadmap for removing cross-subsidies and electricity bill support be clarified, kept separate from direct aid to poor households, and that investment risks not be shifted to the State or the public. The committee also warned that the wording requiring full recovery of costs and reasonable profit could be read as the State guaranteeing investors' financial results.
- HoSE officially announces roadmap for transferring nearly 300 HNX-listed stocks to trading on HoSE
As of mid-October 2026, HNX had 299 listed stock codes with total market capitalisation of about 450,000 billion VND. On 20/10, HoSE announced the roadmap for reorganising trading of listed stocks under Circular 139/2025/TT-BTC, dated 30/12/2025, from the Ministry of Finance. The last trading day for all HNX-listed stocks is 23/12/2026, and the stocks being transferred will be suspended on 24 and 25/12/2026. From 28/12/2026, all listed stocks will trade on HoSE, and listed companies, market members and investors are urged to prepare in advance.
- South Korean IPO plunge deepens AI market jitters as brent tops $111
South Korean data centre company Elice (0158S0) closed at 60,500 won ($45.57) on its debut, down over 30% from its 90,500 won offer price, despite a retail offering oversubscribed more than 400 times. The IPO raised $151 million at a valuation of roughly $755 million, according to Bloomberg. The debut came as the KOSPI dropped almost 4% to 5,552, with Samsung Electronics and SK Hynix also falling, and CoreWeave (CRWV) slipped another 3% in U.S. pre-market trading. Investors are questioning the borrowing costs, debt levels and returns of AI infrastructure spending, while Brent crude topped $111 a barrel, its highest since May, amid Middle East supply and shipping concerns.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.