Vietnam's ETF complex opened November under heavy selling pressure. In the 02/11/2026 afternoon session the VN-Index traded at 1,703.96 points (-2.16%) and the VN30-Index at 1,811.07 points (-2.37%), leaving HOSE ETF breadth at just 1 advancer against 15 decliners and 8 unchanged across 24 listed funds. The 30/10/2026 month-end close remains the reference for October performance, but today's prints are live matched prices, not closing prices, and are quoted according to HOSE / VCI order-book data on etf.com.vn.
Key Takeaways
- E1VFVN30 is currently trading at 32,550 VND (-3.12%), 0.82% below its 32,818 VND intraday VWAP on 588,200 units, with -5.20B VND of foreign net selling on the day.
- FUEVFVND trades at 30,510 VND (-3.75%), 0.98% under a 30,811 VND VWAP, yet attracted +9.05B VND of net foreign buying — the largest single-fund foreign inflow in the session.
- FUESSVFL is the relative outperformer at 27,090 VND (-0.18%), but still sits 1.16% below its 27,408 VND VWAP; total HOSE ETF foreign net flow is +1.03B VND on 40.14B VND of turnover.
Price vs Intraday VWAP: Three Different Microstructure Signatures
Where the volume-weighted distribution landed
E1VFVN30 carries the heaviest tape of the group, and its -0.82% discount to VWAP shows sellers controlled the volume-weighted distribution rather than a late reversal. FUEVFVND's -0.98% gap below VWAP is the widest of the three large funds, consistent with its -6.46% one-month and -20.23% YTD drawdown. FUESSVFL's flat headline (-0.18%) masks a -1.16% gap to VWAP — a shallow print on a weak intraday path. FUESSV30 is the notable outlier, trading 3.92% above its 23,297 VND VWAP at 24,210 VND.
| Ticker | Live Price (VND) | 1D | Intraday VWAP | Price vs VWAP | Volume | Foreign Net 1D | AUM |
|---|---|---|---|---|---|---|---|
| E1VFVN30 | 32,550 | -3.12% | 32,818 | -0.82% | 588,200 | -5.20B | 5,647B |
| FUEVFVND | 30,510 | -3.75% | 30,811 | -0.98% | 415,000 | +9.05B | 9,888B |
| FUESSVFL | 27,090 | -0.18% | 27,408 | -1.16% | 59,100 | -0.12B | 574B |
| FUEKIV30 | 12,370 | -6.22% | 12,432 | -0.50% | 40,300 | +0.39B | 2,188B |
| FUESSV30 | 24,210 | -2.58% | 23,297 | +3.92% | 25,200 | -0.54B | 259B |
Foreign Order-Book Flow Is Not Creation Flow
Reading the two pipelines separately
The +9.05B VND into FUEVFVND and the -5.20B VND out of E1VFVN30 are secondary-market matched values on HOSE, not primary-market creation or redemption. E1VFVN30's five-day foreign net remains positive at +1.77B VND, so today's exit is a single-session event against a mildly accumulative week. FUEVFVND's five-day figure is -0.52B VND.
Positioning Into the Rest of November
Cost, size and basket concentration
Total HOSE ETF AUM stands at 21.97T VND, within a 278.0T VND domestic fund industry where passive ETFs account for 70.75T VND (25.4%). With bank deposits near 5.10%/yr and passive TERs of 0.50%–0.80%, the VN30 and VN-Diamond baskets — led by FPT (12.4% and 15.1% respectively) — remain the core liquidity vehicles for institutional rebalancing.
Frequently Asked Questions
1. How far below VWAP did E1VFVN30 trade on the day?
E1VFVN30 is at 32,550 VND, 0.82% below its 32,818 VND intraday VWAP, on 588,200 units and -5.20B VND of foreign net selling.
2. Why did FUEVFVND fall more than E1VFVN30 despite foreign buying?
FUEVFVND is -3.75% versus -3.12% for E1VFVN30, yet recorded +9.05B VND of net foreign buying; domestic supply outweighed foreign bids in the matched order book.
3. Is the FUESSVFL figure a closing price?
No. 27,090 VND (-0.18%) is a live matched price as of the afternoon session on 02/11/2026, sitting 1.16% below its 27,408 VND VWAP; the 30/10/2026 close is the separate month-end reference.
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Disclaimer: This content is for informational purposes only and does not constitute personal investment advice.