Individual investors net bought about 1.237 trillion VND, led by VIC

Risks from conflicts in the Middle East remain an unpredictable variable for investors, with the situation showing no signs of cooling as negotiations between the United States and Iran fail. US President Donald Trump declared a blockade of the Hormuz Strait, keeping markets on edge amid subdued trading.

In Vietnam, the VN-Index closed the session in the red, but the move lacked panic selling. Trading was led higher by large-cap VIC, which helped limit downside pressure across the broader market.

VN-Index ends slightly lower as VIC supports

At the close, the VN-Index rose to around 1,758.96, up by nearly 9 points. The gain was mainly driven by VIC, which advanced 6.13% and added 13.54 points to the overall market.

Despite the index performance, most stocks faced downside pressure, with 171 shares declining versus 137 advancing.

Sector performance: banks mixed, securities and real estate stronger

Large-cap banks were broadly weaker, with several stocks down more than 1%, including VCB, BID, VPB, and TCB.

By contrast, the securities sector performed better, supported by VCK, VCI, HCM, and VPX, alongside a positive Q1 2026 profit outlook for some names.

Real estate followed a similar pattern. The session turned green for VIC and also saw gains in VHM, VRE, NVL, KBC, NLG, and SIP.

Other sectors showed dispersion within the same group. Positive movers included VGI and BSR, along with electricity and infrastructure stocks such as CII, GEE, GMD, and GEX.

Decliners: retail, IT and oil & gas

On the downside, retail, information technology, and oil & gas declined. Cash flow remained cautious amid ongoing political uncertainties that have persisted for a month.

Liquidity and foreign flows

Liquidity across three exchanges via matched trades reached 24,000 billion VND. Foreign investors posted a negligible net sale of 123.2 billion VND on matched trades, with net selling totaling 151.9 billion VND.

Foreign net buying on matched trades was led by the Food & Beverages and Securities groups. The top net-buy names included VNM, VIC, HPG, GEE, HCM, DXG, DPM, DCM, TCB, and GEX.

On the selling side, foreign net selling was led by banks. Top stocks sold by foreign investors included FPT, VCB, VPB, VHM, BID, NVL, MBB, EIB, and SSI.

Domestic investors and institutions: mixed matched-trade positioning

Domestic individual investors net bought 1,237.3 billion VND, including 589.3 billion VND from matched trades.

In matched trades, domestic individuals were net buyers in 8 of 18 sectors, led by Banks. Top net-buy names included SHB, HCM, GEX, VSC, VJC, MWG, VIX, HPG, NAF, and MBB.

Domestic individuals sold across 8/18 sectors in matched-trade net selling, led by Food & Beverages and Industrial Goods & Services. Top net-sellers included GEE, VNM, VPB, DIG, TPB, ACB, VCK, GEL, KBC, and KBC.

Foreign investors net sold in domestic institutions’ trades totaling 892.7 billion VND, with matched trades amounting to 221.6 billion VND.

Domestic institutions sold across 10 of 18 sectors in matched trades, with the largest value in the Securities group. Top net-sellers included SHB, HCM, GEX, CHI, VJC, MWG, VIX, HPG, NAF, and MBB.

Negotiated trades rise; notable block activity

The value of negotiated trades reached 3,244.7 billion VND, up 7.2%, accounting for 13.2% of total trading value.

Notable transactions occurred in bank stocks (EIB and VPB) and in Real Estate and other trades involving domestic individuals and domestic institutions. One example cited was HCM, with about 7 million shares, or roughly 185.5 billion VND.

Money-flow allocation shifts across market segments

The share of money allocations rose in Real Estate, Securities, Construction, Food & Beverage, Electrical Equipment, Software, and Aviation, while falling in Banks, Steel, Oil & Gas, Warehousing, and Maritime.

For matched trades, money-flow shares rose in mid-cap VNMID and small-cap VNSML, while declining in large-cap VN30.