The article recaps the past week's market performance, noting the VN-Index recovered to the 1,800 level, primarily driven by strong gains in VIC and VHM, while KSF led gains on the HNX-Index.
Foreign investors returned to net buying on HOSE, purchasing a net 106.5 billion VND, focusing on VIC, MWG, MSN, and FPT, while net selling 43 billion VND on HNX. The VN-Index closed slightly down at 1,817.17 points.
Foreign investors were net buyers of 52 billion VND (approx. $2.08 million) on the HoSE exchange, with strong net buying in VIC (315 billion VND) and MWG (195 billion VND), while being net sellers on HNX and UPCOM.
Vinhomes (VHM) targets a record 50 trillion VND net profit for 2026, a 15% increase, driven by major project launches like Hạ Long Xanh and Vinhomes Cần Giờ. Sunshine Group (KSF) plans a 33% rise to 15 trillion VND pre-tax profit, while firms like Taseco (TAL) and Khang Điền (KDH) project growth up to 373% and 44%, respectively, highlighting a sharp divergence in the competitive real estate landscape.
Vinhomes (VHM) targets 2026 revenue of VND 250 trillion, a 63.1% year-on-year increase, as part of a broader wave of aggressive guidance from major Vietnamese real estate developers. Sunshine Group (KSF) and Novaland (NVL) project revenue growth of 87.4% and 200%, respectively, signaling a sector-wide push for recovery and expansion through new project launches and M&A activity.