Vietnam Daily Market Recap August 11 – ETF Report

Stocks surge, led by food & beverage

The VN-Index opened higher on Monday and traded in positive territory throughout the session. It crossed the 1,600-point mark during the session but failed to sustain the momentum, closing up 0.8% at 1,596.8. Market liquidity decreased, with total trading value dropping 7.3% compared to Friday to VND44.3tn (USD1.69bn). The HNX Index followed a similar pattern, climbing 1.5% to close at 276.4.
Most sectors gained, led by Financial Services (+2.4%), Food & Beverage (+1.9%) and Banks (+0.8%). In contrast, Health Care (-0.4%) and Oil & Gas (-0.9%) declined.
MSN (+6.9%) hit its ceiling price today, leading the food & beverage sector. According to its 1H25 financial statement, MSN has raised its ownership in The CrownX JSC from 84.9% to 92.8%. CrownX was valued at nearly USD7bn in 2021. The latest increase in ownership shows that Masan continues to strengthen its control over CrownX — a platform formed from the merger of MCH and WinCommerce, which currently contributes the majority of the group’s revenue and profit.
The Hanoi People’s Committee has issued Official Dispatch No. 4373, which mandates the removal of traditional markets inconsistent with the city’s zoning plan, a move that could benefit MSN through its WinCommerce chain of WinMart and WinMart+ stores. Reduced competition from informal vendors may channel more consumers toward modern retail formats, boosting sales and market share.
Top performers today included GVR (+6.5%), MBB (+4.1%) and MSN (+6.9%). Top laggards included VIC (-1.3%) and VHM (-1.4%).
Foreign investors net sold today with a total value of VND652.3bn (USD24.9mn). Selling pressure was concentrated in HPG (VND193.0bn, USD7.4mn), FPT (VND122.9bn, USD4.7mn) and GEX (VND102.1bn, USD3.9mn). On the other hand, top net buying was seen in VPB (VND120.7bn, USD4.6mn), SHB (VND108.7bn, USD4.1mn) and MSN (VND89.5bn, USD3.4mn).

Read the full report: HERE