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Foreign investors’ net selling since Vietnam’s market upgrade raises alarm

Since FTSE Russell upgraded Vietnam to secondary emerging market status on September 21, foreign investors have net sold nearly VND 30,000 billion on HoSE over about a month and a half, with only 3 of 32 trading sessions seeing no net selling, and year-to-date net selling reached nearly VND 121,000 billion as of November 3. The VN-Index has dropped more than 116 points (over 6%) since the upgrade, while average HoSE trading value has fallen to about VND 13,000 billion per session, one-third of a year earlier, as domestic cash flow stays thin amid high interest rates. The article remains optimistic on long-term prospects, citing stable macroeconomics, rising corporate earnings and a P/E near 12, and says foreign inflows could reverse soon.

Summary written by Upside AI from the original article. Read the source for full details.

Original headline: Giật mình giá trị khối ngoại bán ròng từ khi chứng khoán Việt Nam được nâng hạng

Read the original on CafeF ↗

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VNINDEX

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MarketVietnam stocks
Close on 11/03/20261,699.62
Change that session-0.65%
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