Foreign Capital Floods Back into Vietnamese Stock Market, Which Stocks Have Room to Ride the Wave?

Foreign capital is returning sharply to the Vietnamese stock market, with a net purchase of over 9.2 trillion VND on HoSE since early July, signaling a positive outlook ahead of FTSE’s potential upgrade. Large-cap stocks such as VIC, VHM, VCB, FPT, and MSN have begun to show available foreign room after previous sell-off periods. FTSE has specific criteria for stocks to qualify for investment, including large market capitalization, adequate free float ratio, and available foreign room. Notably, VIC, VHM, VNM, HPG, and SSI are forecasted to benefit from the upgrade. Additionally, P-Notes are contributing to the buying power of foreign investors, indicating positive signals for the market ahead.