The Vietnamese stock market witnessed its fourth consecutive week of gains, marching towards the highest price range of March 2025. International developments, especially those related to the US and President Donald Trump, were the focal points of the market this week. Trading liquidity decreased, with higher trading volume indicating a concentration of transactions in medium and small-cap stocks. The VN-Index ended the week with a 1.38% increase, surpassing the psychological threshold of 1,300 points to reach 1,332.60 points.
In contrast to the VN-Index’s successful conquest of this crucial threshold, foreign investors’ transactions were a downside last week as they net sold significantly. In total, foreign investors net sold VND 2.917 trillion on the entire market over five sessions.

Fig. 1: VN-Index’s performance and foreign investors’ net selling in the week of May 23-27, 2025
A breakdown by exchange reveals that foreign investors net sold VND 2.755 trillion on the HoSE, VND 46 billion on the HNX, and VND 116 billion on the UPCoM.
Analyzing the stocks that were net sold by foreign investors, HPG stood out with a net selling value of nearly VND 447 billion. MWG and STB followed with net selling values of VND 271.2 billion and VND 250.8 billion, respectively. VCB was also net sold, with a value of nearly VND 246.6 billion. The list of stocks net sold by foreign investors last week included VIX, GEX, CTG, HAH, DPM, VNM, VCI, and VIC, all recording net selling values in the hundreds of billions of VND.

Fig. 2: Top stocks net bought and net sold by foreign investors from May 23 to May 27, 2025
On the other hand, NVL emerged as the stock with the strongest net buying from foreign investors, attracting VND 376.3 billion. Foreign capital also flowed into VHM and NLG, with net buying values of VND 244.6 billion and VND 215.5 billion, respectively, over the week’s five sessions. Net buying was also observed in GMD, GVR, GAS, EIB, CTD, PNJ, BVH, VSC, and CEO…
The Stock Market Conundrum: Unraveling Vietnam’s Short-Term Volatility
Although remaining optimistic, the fund manager also noted that the upward trajectory of Vietnamese stocks is likely to face challenges, given the potential volatilities in the next six months.
The Foreign Sell-Off Continues: Another Day of Heavy Selling by Foreign Investors, Contrasted by Aggressive Buying in Real Estate Stocks
Foreign investor group continued their net selling streak, offloading nearly VND 301 billion across the market today.
The Hottest Stock on the Block Unveiled
The regional stock markets surged following the news of a US court blocking Trump’s tariff plans. However, the VN-Index struggled to maintain its peak performance this year due to profit-taking pressures, resulting in a return of bearish sentiment. Novaland’s NVL stock surprised, while SHB consistently topped the stock exchange in liquidity, trading over VND 1,000 billion on May 29th.