Foreign ETF Funds Witness Heavy Selling as Index Nears 1,700-Point Milestone

After a 4-week period of silence, the VanEck Vectors Vietnam ETF (VNM ETF) shifted to net selling during the week of November 21-28, 2025, coinciding with the VN-Index approaching the 1,700-point milestone.

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VNM ETF Shareholdings Changes: Week of November 21-28, 2025

During the week, VNM ETF offloaded nearly all stocks in its portfolio. Leading the sell-off was HPG, with 210,400 shares sold. VIX, SSI, VND, and SHB followed suit, each shedding over 100,000 shares.

Only PVS saw a net increase, attributed to a 7% stock dividend from 2024 (100 shares yielding 7 new shares). However, considering actual movements, PVS likely faced a net sell-off of approximately 30,000 shares.

VNM ETF‘s selling activity occurred as the VN-Index surged toward 1,700 points, with VIC consistently hitting new highs and accounting for 15.49% of the portfolio by November 28. The fund’s total assets rose to $573 million, up from $566 million on November 21, allocated across 51 stocks and 1 fund unit. Following VIC, top holdings included VHM (7.86%), MSN (6.51%), HPG (5.83%), VNM (5.2%), and SSI (4.51%).

Châu An

– 1:04 PM, December 3, 2025

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