Foreign investors were net sellers of approximately 1,161 billion VND (~$46.44 million) on the market, with heavy net buying of VIC and SSI but strong net selling of FPT and VHM.
Market liquidity declined slightly despite a positive weekly index performance, with capital flows showing significant divergence across sectors, particularly in construction, banking, and real estate stocks.
The article recaps the positive performance of the Vietnamese stock market for the week of April 6-10, 2026, highlighting that the VN-Index rose nearly 4% to 1,750 points, driven primarily by large-cap stocks like VIC and the banking group.
This pre-market briefing compiles several positive company updates, including strong Q1 results for Dien May Xanh (MWG), positive AGM news for BMP, MBS, PJT, VIB, and a high profit target for VPBankS. Key policy news includes the appointment of a new State Bank of Vietnam Governor and an increase in the social housing income ceiling.
HNX and UPCoM brokerage market shares saw significant shifts in Q1/2026, with the top 10 firms increasing their overall market share. While some major players like VPS strengthened their lead, others like VNDIRECT and Vietcap experienced notable changes in their rankings across both exchanges.
Vietcap (VCI) and HSC (HCM) significantly increased their brokerage market share on HOSE in Q1/2026, with VCI rising to 4th and HCM to 5th. VPS maintained its leading position for the 21st consecutive quarter, while SSI and TCBS held 2nd and 3rd places respectively.
Foreign investors were net buyers of 195 billion VND (approx. $7.8 million) across the Vietnamese market on April 14, with strong net buying in Vingroup (VIC) and Hoa Phat Group (HPG), while FPT saw the largest net selling.
MB Securities (MBS) disclosed preliminary Q1/2026 revenue of VND 1,019B (+50% YoY), driven by margin lending and brokerage, though pre-tax profit grew only 8% due to proprietary trading declines. DCM reported profit up 84% to VND 837B, while BSR's Q1 net profit already exceeded its full-year target.
Vietnam's corporate bond market saw a significant increase in issuance to over 16.3 trillion VND in March 2026, signaling a return of capital. However, concerns persist due to 6.3 trillion VND in early buybacks, nearly 176 trillion VND in upcoming maturities, and 2.2 trillion VND in defaults, particularly impacting real estate firms.
Vietnamese commercial banks have proactively reduced deposit and lending interest rates following a meeting with the new SBV Governor, leading to an immediate positive reaction in the stock market with the VN-Index recovering over 13 points. This move is seen as a significant support for the market, attracting capital back into banking, oil & gas, and fertilizer sectors.
Information provided for educational purposes only. Past performance does not guarantee future results. Data sourced from public Vietnamese market feeds.