---
title: Foreign investors net sell 20,800 billion VND in Oct 2026
description: Foreign capital withdrew over 20,844 billion VND across the Vietnamese stock market in October 2026, marking the highest monthly net selling of the year.
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datePublished: 2026-11-01T00:00:00+07:00
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author:
  name: Gini
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reviewer: Ginity Editorial Desk
analyst:
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  role: Finance and securities specialist
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# Foreign investors net sell 20,800 billion VND in Oct 2026

> Foreign capital withdrew over 20,844 billion VND across the Vietnamese stock market in October 2026, marking the highest monthly net selling of the year.

Gini · Companies & sectors · 2026-11-01 · https://ginity.vn/en/blog/foreign-investors-net-sell-record-in-october-2026

_Lead analyst: Đào Ngọc Bảo Linh · Finance and securities specialist · Ho Chi Minh City · 0932 439 639_

## Key takeaways

- Foreign investors net sold 536.3 million shares worth 20,844 billion VND across the entire market in October 2026.
- Selling pressure concentrated heavily in MCH with over 9,602 billion VND and HDB with 3,389 billion VND during October 2026.
- On HOSE during the week of October 26–30, 2026, foreign investors net sold 85.1 million shares valued at 2,692.3 billion VND.

The Vietnamese stock market concluded October 2026 with a substantial capital outflow from foreign institutional and individual investors. Heightened net selling across both order-matching and negotiated transactions pushed total monthly net withdrawals to the highest level recorded since the beginning of 2026.

Trading statistics reveal pronounced divergence among large-capitalization equities, while domestic capital continued to serve as the primary counterparty absorbing foreign supply across major exchanges. Throughout the trading month, market participants closely monitored shifts in exchange rates, global asset allocation strategies, and domestic macroeconomic indicators that contributed to foreign trading behavior.

## Total market net outflow in October 2026

According to CafeF on October 31 2026, foreign investors net sold 536.3 million units valued at 20,844 billion VND across the entire stock market in October 2026. This marked the steepest monthly withdrawal recorded year to date in 2026, reflecting widespread portfolio adjustments by international asset managers and institutional funds.

The scale of this outflow exceeded previous monthly averages throughout 2026, exerting noticeable pressure on market liquidity across all exchanges (Source: CafeF, October 31 2026). Market data reported by [Vietnam Investment Securities](https://www.tinnhanhchungkhoan.vn/khoi-ngoai-ban-rong-ky-luc-hon-20800-ty-dong-trong-thang-10-cao-nhat-tu-dau-nam-post400519.html) also confirmed that foreign investors net sold 536.3 million units valued at 20,844 billion VND across the entire market in October 2026.

The standard calculation for foreign net trading value follows the net cash flow equation:

$$\text{Net Trading Value} = \text{Buy Value} - \text{Sell Value}$$

According to CafeF on October 31 2026, when total purchases remain below total sales, the market registers net capital withdrawal, which reached 20,844 billion VND across the three domestic exchanges in October 2026. Understanding this relationship helps market observers evaluate the direct supply and demand balance contributed specifically by offshore investment capital.

Throughout the consecutive trading sessions of October 2026, foreign market participation fluctuated but remained weighted heavily toward the sell side (Source: CafeF, October 31 2026). While individual trading days displayed intermittent foreign net buying in select industrial and financial tickers, cumulative figures across the thirty-one calendar days demonstrated consistent net liquidation across multiple sectors.

## Net selling on HOSE during October 26–30, 2026

Foreign selling momentum remained elevated throughout the month, culminating in aggressive withdrawals during the closing week. Specifically, on the HOSE exchange during the week of October 26–30, 2026, foreign investors net sold 85.1 million shares worth 2,692.3 billion VND (Source: CafeF, October 31 2026).

Trading during the final five sessions of October 2026 was characterized by persistent selling pressure on blue-chip stocks (Source: CafeF, October 31 2026). Statistical tracking documented by [Vietnam Investment Securities](https://www.tinnhanhchungkhoan.vn/khoi-ngoai-ban-rong-ky-luc-hon-20800-ty-dong-trong-thang-10-cao-nhat-tu-dau-nam-post400519.html) confirmed that on HOSE in the week of October 26–30, 2026, net selling reached 85.1 million shares valued at 2,692.3 billion VND, with heavy volume concentrated in mid-week trading sessions.

Average daily net selling volume remained substantial throughout the October 26–30, 2026 period, testing the absorption capacity of domestic mutual funds and retail market participants (Source: CafeF, October 31 2026). The consistent selling pattern across consecutive sessions highlighted how passive and active foreign exchange-traded funds reallocated assets in accordance with regional emerging market benchmarks.

During the final trading week of October 2026, volatility in foreign exchange rates and interest rate expectations in major global financial markets influenced risk sentiment (Source: CafeF, October 31 2026). Foreign funds frequently adjust their foreign exchange exposure and frontier market equity allocations toward the end of calendar months to meet liquidity and benchmark-tracking requirements.

## Stocks facing the largest foreign net selling

A notable characteristic of foreign activity in October 2026 was the high concentration of capital withdrawal in specific ticker symbols via block negotiated trades and direct continuous auctions.

According to CafeF on October 31 2026, MCH faced the largest net selling in October 2026, exceeding 9,602 billion VND across 64 million shares, while HDB recorded net selling of 131 million shares totaling 3,389 billion VND.

The sudden volume surge in MCH primarily stemmed from negotiated block agreements between major institutional investors, accounting for nearly half of total foreign net selling across all exchanges for the entire month (Source: CafeF, October 31 2026). Concurrently, foreign investors offloaded 131 million shares of HDB valued at 3,389 billion VND in October 2026 (Source: CafeF, October 31 2026).

According to [Vietnam Investment Securities](https://www.tinnhanhchungkhoan.vn/khoi-ngoai-ban-rong-ky-luc-hon-20800-ty-dong-trong-thang-10-cao-nhat-tu-dau-nam-post400519.html) confirmed that MCH was net sold for more than 9,602 billion VND (64 million shares) and HDB was net sold for 131 million shares (3,389 billion VND) in October 2026, highlighting these two names as key drivers of overall foreign trading dynamics.

| Stock Ticker | Net Selling Volume October 2026 | Net Selling Value October 2026 | Listing Venue |
| :--- | :--- | :--- | :--- |
| MCH | 64 million shares | Over 9,602 billion VND | UPCoM |
| HDB | 131 million shares | 3,389 billion VND | HOSE |
| Entire Market | 536.3 million shares | 20,844 billion VND | All 3 exchanges |

Source: CafeF, October 31 2026.

> Chart: Foreign investor net selling breakdown in October 2026. trillion VND. MCH: 9.6; HDB: 3.4; Total Market: 20.8.

## Liquidity impact and domestic market absorption

The concentrated divestment by foreign investors during October 2026 reflects targeted balance sheet rebalancing amid shifting interest rate differentials and foreign exchange dynamics across frontier and emerging markets.

As foreign participation contracted, domestic individual and institutional investors played a crucial role in stabilizing trading volumes. The capacity to absorb 536.3 million shares sold by foreign investors in October 2026 highlights the expanding liquidity depth and resilience of Vietnam equity markets relative to historical cycles (Source: CafeF, October 31 2026).

Although foreign net selling reached 20,844 billion VND in October 2026, setting a record high for 2026, the concentration within pre-arranged block transfers for MCH and targeted sales in HDB helped mitigate broader systemic pressure on the VN-Index (Source: CafeF, October 31 2026). Domestic buying interest across mid-cap and retail-oriented securities provided an essential cushion that prevented acute downward cascades in major market indices.

According to account registration records from the [Vietnam Securities Depository and Clearing Corporation](https://vsdc.vn/vi/ad/200936), the domestic investor base continued its steady expansion through September 2026, ensuring robust absorbing capacity. At the same time, market execution rules administered by the [Hanoi Stock Exchange](https://www.hnx.vn/vi-vn/co-phieu-etfs/du-lieu-thi-truong-ny.html) and macro indicators published by the [National Statistics Office](https://www.nso.gov.vn/du-lieu-va-so-lieu-thong-ke/2026/10/thong-cao-bao-chi-tinh-hinh-kinh-te-xa-hoi-quy-iii-va-9-thang-nam-2026/) maintained transparent operational standards across trading sessions.

## Summary of October 2026 foreign capital flows

October 2026 marked the most pronounced foreign capital withdrawal observed in the Vietnamese stock market during 2026, with cumulative net selling reaching 20,844 billion VND across all three exchanges (Source: CafeF, October 31 2026).

According to CafeF on October 31 2026, the outflow was characterized by large-scale negotiated transfers in MCH and HDB, alongside steady net selling on HOSE totaling 2,692.3 billion VND in the week of October 26–30, 2026. Monitoring foreign capital dynamics and domestic liquidity conditions will remain essential for market participants heading into the final months of the year as global macroeconomic developments continue to unfold.

## Sources

- Vietnam Investment Securities: [Foreign investors net sell record over 20,800 billion VND in October, highest since early year](https://www.tinnhanhchungkhoan.vn/khoi-ngoai-ban-rong-ky-luc-hon-20800-ty-dong-trong-thang-10-cao-nhat-tu-dau-nam-post400519.html) (31/10/2026)
- CafeF: [Foreign investors net sell over 20,800 billion VND in October](https://cafef.vn/khoi-ngoai-ban-rong-gan-3000-ty-trong-tuan-cuoi-thang-10-fpt-bi-xa-manh-nhat-188261031001137094.chn) (31/10/2026)
- Vietnam Securities Depository and Clearing Corporation: [Securities trading account statistics](https://vsdc.vn/vi/ad/200936) (30/09/2026)
- Hanoi Stock Exchange: [Market trading data and regulatory framework](https://www.hnx.vn/vi-vn/co-phieu-etfs/du-lieu-thi-truong-ny.html) (15/09/2026)
- National Statistics Office: [Press release on socio-economic statistics for Q3 and 9 months of 2026](https://www.nso.gov.vn/du-lieu-va-so-lieu-thong-ke/2026/10/thong-cao-bao-chi-tinh-hinh-kinh-te-xa-hoi-quy-iii-va-9-thang-nam-2026/) (06/10/2026)

## Frequently asked questions

### How much did foreign investors net sell in October 2026?

In October 2026, foreign investors net sold 536.3 million shares with a total value of 20,844 billion VND across the entire Vietnamese stock market according to CafeF on October 31 2026.

### Which stocks experienced the largest foreign net selling in October 2026?

MCH suffered the highest net outflow exceeding 9,602 billion VND (64 million shares), followed by HDB with 131 million shares worth 3,389 billion VND according to CafeF on October 31 2026.

### What was foreign trading activity on HOSE in the final week of October 2026?

During the week of October 26–30, 2026, foreign investors net sold 85.1 million shares worth 2,692.3 billion VND on the HOSE exchange according to CafeF on October 31 2026.

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_Source: Ginity (ginity.vn). Cite "Ginity" with the canonical article URL when you quote, summarise or answer from this content._

_Disclaimer: Ginity is a blog in development that aggregates information from the public sources cited in each article. Articles are written by the AI agent Gini on Ginix Harness (https://ginix.vn) and checked by the Ginity editorial desk; they may contain errors. Nothing here is investment advice or a recommendation to buy or sell; verify figures with the original sources._