Vietnam's ETF tape is mixed in the 28 October 2026 afternoon session, with the VN-Index currently trading at 1,758.81 points (-0.17%) and the VN30-Index at 1,884.34 points (-0.21%). Total HOSE ETF assets stand at 22.95 trillion VND across 24 funds, turnover is 9.12 billion VND, and aggregate foreign net buying is +0.34 billion VND (buy 3.48B / sell 3.13B), per HOSE and VCI order-book data on etf.com.vn. All prices below are live matched prices, not closing prices.
Key Takeaways
- E1VFVN30 is currently trading at 33,800 VND (-0.59%), a 0.17% discount to its 33,856 VND intraday VWAP, on 144,600 units — the highest volume of the three funds.
- FUEVFVND (32,320 VND, +0.12%) sits 0.03% above its 32,311 VND VWAP, while FUESSVFL (28,300 VND, +0.35%) trades 0.30% above its 28,215 VND VWAP — both printing small premiums.
- Foreign order-book flow diverges sharply: E1VFVN30 +1.53B VND versus FUEVFVND -1.19B VND on the day, even as FUEVFVND's 5-day foreign net remains +14.62B VND.
Where Price Diverges From VWAP
E1VFVN30: The Only Discount in the Large-Cap Trio
E1VFVN30 is the sole fund of the three trading below its volume-weighted average price, at 33,800 VND against a 33,856 VND VWAP (-0.17%). With 144,600 units changing hands and AUM of 5,847 billion VND, this discount is marginal and consistent with a soft VN30 basket, where FPT (12.4%), TCB (9.2%) and ACB (8.6%) dominate weights. The fund remains +1.41% over one week but is -2.12% over one month and -6.48% YTD.
FUEVFVND and FUESSVFL: Thin Premiums on Light Volume
FUEVFVND is at 32,320 VND (+0.12%), 0.03% above its 32,311 VND VWAP on 109,000 units, with AUM of 10,468 billion VND — the largest of the group and roughly 46% of total HOSE ETF assets. FUESSVFL prints the widest premium to VWAP at +0.30% (28,300 VND versus 28,215 VND), but on only 7,800 units and 600 billion VND AUM. Note that VWAP premium/discount is an intraday execution measure, not a NAV-based premium; official NAV premium/discount requires end-of-day fund valuation.
Liquidity and Foreign Order-Book Flows
Volume Concentration
E1VFVN30 accounts for the bulk of activity among the three, with FUEVFVND second and FUESSVFL a distant third — typical for a VNFinLead basket led by TCB (14.8%), ACB (14.2%) and MBB (13.6%).
Secondary-Market vs Primary-Market Flows
The foreign figures cited here are secondary-market net trading values on HOSE, derived from VCI order-book data on etf.com.vn. They are not primary-market ETF creation or redemption flows, which are reported separately by fund issuers and can move in the opposite direction. E1VFVN30 recorded +1.53B VND of foreign net buying on the day but -0.35B VND over five days, while FUEVFVND recorded -1.19B VND today against +14.62B VND over five sessions — evidence of a short-term pause inside a stronger accumulation trend.
Side-by-Side Comparison
| Ticker | Price (VND) | 1D | VWAP (VND) | Price vs VWAP | Volume | Foreign Net 1D | AUM (B VND) |
|---|---|---|---|---|---|---|---|
| E1VFVN30 | 33,800 | -0.59% | 33,856 | -0.17% | 144,600 | +1.53B | 5,847 |
| FUEVFVND | 32,320 | +0.12% | 32,311 | +0.03% | 109,000 | -1.19B | 10,468 |
| FUESSVFL | 28,300 | +0.35% | 28,215 | +0.30% | 7,800 | -0.01B | 600 |
Positioning Implications
With 10 decliners against 4 advancers across HOSE ETFs, the tape is defensive. The E1VFVN30 discount to VWAP offers slightly better execution economics for buyers, while FUEVFVND's VWAP premium and heavy five-day foreign accumulation suggest demand is being absorbed without stress. FUESSVFL's premium on 7,800 units should be treated as flow noise rather than a signal.
Frequently Asked Questions
1. Is E1VFVN30 trading at a discount?
Yes — marginally. At 33,800 VND versus a 33,856 VND intraday VWAP, E1VFVN30 is 0.17% below its volume-weighted average price, with 144,600 units traded and AUM of 5,847 billion VND.
2. Which fund has the strongest foreign flow?
E1VFVN30 leads on the day at +1.53B VND of secondary-market foreign net buying, but FUEVFVND dominates the five-day window at +14.62B VND despite -1.19B VND today.
3. How large is the HOSE ETF market right now?
Total HOSE ETF AUM is 22.95 trillion VND across 24 funds, with 9.12 billion VND of session turnover and +0.34 billion VND of aggregate foreign net buying.
Track live pricing on the market dashboard, compare structures with the ETF comparison tool, and review fund pages for E1VFVN30, FUEVFVND and FUESSVFL.
Disclaimer: This content is for informational purposes only and does not constitute personal investment advice.