News about FTSE Russell

One month after FTSE Russell upgraded Vietnam to secondary emerging market status, foreign investors net sold on 19 of 20 sessions, with only one net-buy session worth VND 54 billion. Cumulative net selling since Sept. 21 is about VND 24,800 billion (~US$1 billion), and year-to-date it exceeds VND 116,000 billion, close to the 2025 record of VND 125,000 billion. Selling pressure has spread to FPT and PNJ, whose foreign ownership has fallen below 28% and 27%, respectively. Major foreign ETFs are also failing to attract inflows, and Fubon Vietnam ETF has seen net outflows of over TWD 4 billion (more than VND 3,000 billion) since the start of the year. The VN-Index has fallen nearly 110 points (-6%) to around 1,700, amid high interest rates, thinner domestic liquidity and external pressures.