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
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Khối ngoại vừa rút gần một tỷ USD khỏi chứng khoán Việt Nam
Read the original on VnExpress ↗
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foreign investorscapital flowsVNINDEXinterest rates
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Related tickers and likely impact
VNINDEX
▼ Likely negativeRelevance: high
| Market | Vietnam stocks |
|---|---|
| Close on 10/30/2026 | 1,741.62 |
| Change that session | -0.80% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- Foreign investors dump nearly $1 billion of Vietnamese stocks in October in 20 straight net-selling sessions
Foreign investors net sold more than VND 24,000 billion (nearly US$1 billion) on HoSE in October 2026, nearly five times September's VND 4,844 billion and the heaviest monthly net selling in 13 months. Over 22 sessions, they were net sellers on 20 days, extending a run of 20 straight net-selling sessions from September 23 to October 20. Selling pressure centred on Masan Consumer (MCH), with about VND 9,602 billion net sold, mainly from a negotiated transfer of more than 64.2 million shares on October 9; excluding MCH, net selling was still about VND 14,400 billion. Year to date through October, foreign investors had net sold nearly VND 122,000 billion on HoSE, close to the record VND 125,000 billion set in all of 2025. The article attributes the trend to global capital favouring markets with more attractive earnings growth stories, high international bond yields and fund rebalancing, as well as a mismatch between passive funds buying ahead of an upgrade and active funds realising gains.
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The VN-Index lost 32.53 points (1.83%) to close the 26–30 October week at 1,741.62, reversing the roughly 4% (over 68 points) gain of the prior week, with red dominating 4 of 5 sessions. HOSE trading volume fell 9.9% week-on-week, while foreign investors net sold VND 2,692 billion, led by FPT at VND 782 billion. PNJ slid 3.43% to VND 15,500 after reporting a Q3 after-tax loss of VND 258 billion, and MBS announced a margin-related sale of 2.17 million PNJ shares held by the daughter of the chairwoman. BSC sees 1,735 points as a key support level, while SHS says investment opportunities remain limited and prioritises risk control over expanding positions. Dominic Scriven of Dragon Capital says upgrading the market's status is key to attracting international capital as large inflows shift toward technology and AI.
- 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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