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Foreign-listed ETFs recorded net outflows of more than VND 121 billion, with the outflows concentrated entirely in the Fubon FTSE Vietnam ETF (-226.6 billion). In contrast, the Global X MSCI Vietnam ETF and the CGS Fullgoal Vietnam 30 Sector Cap ETF attracted net inflows of more than VND 40 billion and more than VND 12 billion, respectively.
The domestic ETF group saw net outflows of more than VND 47 billion, mainly in the VFM VN30 ETF (-25.7 billion) and the VFM VN Diamond ETF (22.3 billion). Meanwhile, the SSIAM VNFIN LEAD ETF attracted net inflows of VND 3 billion.
Funds from Thailand via depository certificates sold net more than 1.4 million depository certificates in the VFM VNDiamond ETF, equivalent to more than VND 20 billion.
Since the start of May, ETF funds recorded net outflows of more than VND 169 billion, lifting total net outflows since the start of 2026 to more than VND 3,000 billion.
As of May 8, the combined net asset value of ETFs allocated to the Vietnamese market reached more than VND 64.5 trillion, down 2.6% from end-2025.
The top stocks sold off by funds in the week of May 8 included VHM, HPG, MSN, VCK, and VCB.
On May 11, the Fubon FTSE Vietnam ETF posted net outflows of VND 73 billion and continued selling stocks in its holdings. The top stocks sold included HPG, VIX, SSI, SHB, and VCK.
The VFM VN30 ETF and the VFM VNDiramond ETF recorded net outflows of VND 10 billion and more than VND 14 billion, respectively. By contrast, the VFM VNMidcap ETF recorded no cash-flow movement.
Global equity funds attracted capital into the week for the seventh consecutive week as of 06/05/2026, supported by solid first-quarter earnings results and expectations of a peace agreement between the United States and Iran.
Investors bought net USD 4.35 billion of global equity funds during the week, though this was the lowest weekly inflow since March 18, 2026.
LSEG data covering 1,060 MSCI World constituents showed blended first-quarter earnings rising 22% year-on-year, well above analysts’ average forecast of about 6.3%.
Global bond funds recorded net inflows of USD 17.04 billion, the largest weekly increase since 18/02/2026.
USD-denominated mid-term bond funds stood out, attracting net USD 4.58 billion, the largest weekly inflow since 02/02. Euro-denominated and short-term bond funds attracted net USD 1.6 billion and USD 1.5 billion, respectively.
Demand for money market funds remained the strongest since January 7, with net inflows of USD 148.18 billion. However, investors sold net USD 1.08 billion in gold and other precious metals funds for the second consecutive week of outflows.
In emerging markets, investors pulled net USD 63 million from bond funds, ending a four-week streak of inflows. Equity funds also posted net inflows of USD 1.46 billion across 28,871 funds.
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