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.
Vinhomes (VHM) was the primary target of foreign selling on April 15, with a net outflow of VND 3,400 billion, accounting for the vast majority of the total VND 3,651 billion net foreign sell-off on HOSE. This occurred despite a 25-point rally in the VN-Index to 1,800, driven by other Vingroup affiliates, highlighting a sharp divergence in foreign sentiment within the blue-chip basket.
TNG Chairman Nguyen Van Thoi has resigned to facilitate younger leadership succession, with plans to become Permanent Vice Chairman after the annual meeting. He remains the company's largest shareholder with a 19.2% stake, holding over 24.7 million shares.
Vietnamese textile and garment businesses are facing significant challenges including weak global demand, rising logistics and raw material costs, shrinking profit margins, and increasing policy risks. The industry is urged to restructure, increase localization, invest in technology, and diversify markets to maintain its global position amidst 'dripping' orders.
TNG Chairman Nguyen Van Thoi has submitted his resignation, effective after the 2026 AGM on April 19, to create opportunities for younger leadership. He will remain as Standing Vice Chairman and retains his position as the largest shareholder with a 19.19% stake.
TNG Chairman Nguyen Van Thoi, the longest-serving leader in Vietnam's textile sector, has submitted his resignation and will transition to Permanent Vice Chairman after the 2026 AGM. This planned succession aims to facilitate a new generation of leadership while the company targets record 2026 revenue of VND 9,500B and profit of VND 450B.
TNG Chairman Nguyễn Văn Thời submits his resignation ahead of the 2026 AGM, planning to move to Vice Chairman to facilitate a leadership transition. Concurrently, the company sets 2026 targets for revenue of VND 9,500B (+26%) and net profit of VND 450B (+15%), which would be record highs, while VinaCapital funds have become a major shareholder with a 5.24% stake.
VinaCapital's Hưng Thịnh Equity Investment Fund has become a major shareholder in TNG, increasing its total ownership to 5.2368% after purchasing 400,000 shares. This follows Dragon Capital also becoming a major shareholder and TNG's Vice Chairman significantly increasing his personal stake, signaling strong institutional and insider confidence.
Foreign investors net bought nearly 900 billion VND across the Vietnamese stock market, contributing to the VN-Index closing at 1,750 points, with TCB, HPG, and MBB being the most heavily accumulated stocks.