Global equity funds drew net inflows for a sixth straight week, totaling over $10 billion, though the pace slowed sharply from $25 billion the previous week. Flows diverged, with US equity funds seeing $6.65 billion in outflows, while Asian equity funds attracted nearly $10 billion and emerging-market funds added $2.2 billion. ABS analyst Nguyễn Thế Minh said this shift is a favorable signal for Vietnam's stock market, though its ability to capture the inflows depends on foreign trading activity, market attractiveness and corporate earnings outlook. On seasonality, the VN-Index has averaged a 2% gain in November over 2000–2025, with a 54% chance of rising, but the expert said this should serve only as a reference. The article stresses that a sustainable recovery requires improved cash flow and corporate earnings, amid high valuations and signs of a slowing US economy.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Hàng tỷ USD bất ngờ rời chứng khoán Mỹ, chuyên gia cảnh báo một điều với chứng khoán Việt Nam
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Related tickers and likely impact
VNINDEX
▼ Likely negativeRelevance: medium
| Market | Vietnam stocks |
|---|---|
| Close on 11/02/2026 | 1,710.72 |
| Change that session | -1.77% |
SPY
▼ Likely negativeSPDR S&P 500 ETF
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/30/2026 | 755.71 |
| Change that session | -1.77% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
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Foreign investors net sold about 930 million USD (over 24,000 billion VND) on the HCMC exchange in October, the highest monthly level this year, bringing year-to-date net selling to 4.7 billion USD, close to last year's record of 125,000 billion VND. They bought about 38,000 billion VND but sold nearly 62,000 billion VND during the month, a 20-session net-selling streak that is the longest in two years; Masan Consumer (MCH) faced the heaviest selling, with a single-session net outflow of nearly 10,000 billion VND. Analysts cite three reasons: global capital rotating out of emerging markets toward growth stories such as US, Japanese and Chinese technology stocks; high global interest rates making Vietnamese stock returns less competitive; and mismatched fund trading, with passive funds deploying about 220 million USD before the upgrade took effect while active funds took profit after buying months earlier. Tien Phong Securities Company (TPS) believes the strongest outflow may be over, but net selling is unlikely to end soon given elevated US Treasury yields, continued Fed tightening and a strong US dollar. Most experts say foreign trading trends could shift from mid-2027, while some
- Foreign investors net sell nearly VND 3,000 billion in last week of October, FPT hit hardest
Foreign investors net sold VND 2,692 billion over the five sessions of the last week of October, while the VN-Index fell 32.53 points (-1.83%) to close at 1,741.62. FPT was the most heavily net-sold stock at VND 782 billion, followed by VPL (VND 353 billion) and VIC (VND 287 billion), while GMD, SSI and BID also saw net selling above VND 100 billion. On the other side, MSN led net buying at VND 172.66 billion, followed by VCB (VND 123.25 billion) and TCB (VND 97.73 billion). Trading liquidity in every session of the week stayed below the 20-session average, reflecting a wait-and-see stance from cash flows.
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