Vietnam's ETF complex closed the 29 October 2026 session on a defensive footing, with the VN-Index down 0.62% to 1,755.61 points and the VN30-Index down 0.69% to 1,877.18 points. Across the 24 HOSE-listed ETFs tracked on etf.com.vn, breadth printed 4 advancers, 13 decliners and 7 unchanged. Total secondary-market turnover reached 24.00B VND, aggregate ETF AUM stood at 22.95T VND, and foreign investors recorded a net sell of 2.75B VND — 6.14B VND bought against 8.89B VND sold — according to HOSE / VCI order-book data compiled on etf.com.vn.
Key Takeaways
- Broad-based risk-off close: 13 of 24 HOSE ETFs declined against 4 advancers, with VN-Index closing at 1,755.61 pts (-0.62%), just 3.94 points above the session low of 1,751.67.
- Foreign net flow concentrated in one line: FUEVFVND alone printed -6.55B VND of foreign net selling on HOSE, outweighing the combined +4.26B VND of net buying across E1VFVN30 (+3.59B), FUEKIV30 (+0.37B), FUESSV30 (+0.23B) and FUESSVFL (+0.10B).
- Close-versus-VWAP divergence: FUESSV30 closed +1.63% above its intraday VWAP of 23,606 VND and E1VFVN30 closed +0.53% above its 33,732 VND VWAP, while FUESSVFL (-0.24%) and FUEDCMID (-0.35%) settled below VWAP.
Benchmark Pullback Sets the Tone for ETF Breadth
The intraday range told the story more clearly than the closing percentage. The VN-Index traded as high as 1,769.55 before fading to a 1,751.67 low, settling at 1,755.61 — within the bottom quartile of the range. The VN30-Index mirrored the pattern, printing a 1,893.39 high and a 1,872.75 low against a 1,877.18 close.
Where the Declines Landed
The damage was not uniform. The mid-cap sleeve bore the heaviest mark, with FUEDCMID falling 2.88% to 11,450 VND, the weakest close among liquid HOSE ETFs and an extension of its -20.39% YTD drawdown. The Diamond complex also lagged: FUEVFVND shed 1.02% to 32,170 VND and FUEMAVND lost 1.16% to 13,630 VND, both tracking a VN-Diamond basket that carries 15.1% FPT, 12.8% PNJ, 12.4% MWG and 10.6% GMD exposure. By contrast, FUESSV50 was the standout, adding 0.73% to 28,990 VND and remaining one of the few HOSE ETFs in positive YTD territory at +1.27%. Full product-level detail is available on the etf.com.vn product pages.
Foreign Net Flow: Secondary-Market Order Book vs Primary Creation
It is critical to separate two distinct channels. The -2.75B VND aggregate figure above is secondary-market foreign net trading value on HOSE, derived from matched order-book data via VCI. It is not a measure of primary-market ETF creation or redemption activity, which settles through authorised participants and is not visible in the exchange tape.
FUEVFVND Accounts for the Bulk of the Net Sell
FUEVFVND recorded -6.55B VND of foreign net selling on the day and -6.65B VND over the trailing five sessions, a persistent one-way bias despite its 10,426B VND AUM making it the largest fund in the complex. On the bid, E1VFVN30 attracted +3.59B VND on the day and +2.48B VND over five sessions — the only large-cap core line with consistent foreign accumulation. FUEKIV30 (+0.37B 1D / +0.55B 5D) and FUESSVFL (+0.10B 1D / +0.05B 5D) added modest support, while FUEVN100 flipped positive over five sessions at +0.59B VND even as it printed -0.41B VND on the day. The methodological distinction between order-book flow and fund-level creation is detailed in our calculation methodology.
VWAP Dispersion Shows Where Institutional Liquidity Traded
Close-versus-VWAP spreads reveal whether the marginal buyer or seller controlled the close. E1VFVN30 closed at 33,910 VND, or +0.53% above its 33,732 VND intraday VWAP, on 221,600 units — late-session demand absorbed supply despite the headline -0.24% decline. FUESSV30 showed the widest positive dispersion at +1.63% (23,990 VND versus 23,606 VND VWAP), followed by FUESSV50 at +1.19% and FUEKIV30 at +1.09% (13,000 VND versus 12,860 VND).
The Two Lines That Closed Below VWAP
Only FUESSVFL (-0.24%, 28,330 VND versus 28,397 VND) and FUEDCMID (-0.35%, 11,450 VND versus 11,490 VND VWAP) settled below their volume-weighted averages, signalling that sellers dominated the closing auction in the financials-lead and mid-cap sleeves. Live intraday VWAP tracking is available on the etf.com.vn market dashboard.
Positioning Across VN30, Diamond and FinLead Baskets
Basket composition explains most of the return dispersion. The VN30 sleeve — FPT 12.4%, TCB 9.2%, ACB 8.6%, HPG 8.4%, VPB 7.5%, MBB 7.1%, MWG 6.2% — produced tightly clustered YTD outcomes from -5.18% (FUESSV30) to -6.15% (FUEMAV30). The Diamond sleeve's heavier concentration in FPT and retail names drove a far wider -15.34% to -16.94% YTD band. The FinLead basket (TCB 14.8%, ACB 14.2%, MBB 13.6%, VPB 12.9%, STB 11.4%, SSI 7.8%) sat in between at -6.16%.
| Ticker | Fund | Close (VND) | 1D | Intraday VWAP | Close vs VWAP | Volume | Foreign Net 1D | AUM |
|---|---|---|---|---|---|---|---|---|
| E1VFVN30 | DCVFMVN30 ETF | 33,910 | -0.24% | 33,732 | +0.53% | 221,600 | +3.59B | 5,860B |
| FUEVFVND | DCVFMVN Diamond ETF | 32,170 | -1.02% | 31,998 | +0.54% | 448,000 | -6.55B | 10,426B |
| FUEKIV30 | KIM Growth VN30 ETF | 13,000 | +0.08% | 12,860 | +1.09% | 30,800 | +0.37B | 2,300B |
| FUESSV30 | SSIAM VN30 ETF | 23,990 | -0.04% | 23,606 | +1.63% | 22,900 | +0.23B | 257B |
| FUESSVFL | SSIAM VNFIN LEAD ETF | 28,330 | -0.56% | 28,397 | -0.24% | 7,900 | +0.10B | 601B |
| FUEVN100 | VinaCapital VN100 ETF | 24,670 | -0.68% | 24,625 | +0.18% | 24,400 | -0.41B | 696B |
| FUEDCMID | DCVFMVNMIDCAP ETF | 11,450 | -2.88% | 11,490 | -0.35% | 13,700 | -0.11B | 273B |
| FUESSV50 | SSIAM VNX50 ETF | 28,990 | +0.73% | 28,648 | +1.19% | 2,700 | +0.01B | 203B |
Offshore-listed proxies offered little relief: VanEck Vietnam ETF (VNM) closed at $16.93, down 0.32% with 503K shares traded and -11.38% YTD, while Xtrackers FTSE Vietnam ETF (XFVT) closed at £29.00, down 0.62% with no reported volume and -6.74% YTD. Compare the full line-up side by side using our ETF comparison tool, and review the flagship E1VFVN30 fund page for holdings-level context.
Frequently Asked Questions
1. What was the total foreign net flow in Vietnam ETFs on 29 October 2026?
Foreign investors recorded a net sell of 2.75B VND across the 24 HOSE-listed ETFs, comprising 6.14B VND of buying against 8.89B VND of selling. This is secondary-market order-book data from HOSE / VCI, not primary-market creation or redemption flow.
2. Which Vietnam ETF had the largest foreign outflow that session?
FUEVFVND (DCVFMVN Diamond ETF) posted -6.55B VND of foreign net selling on the day and -6.65B VND over the trailing five sessions, on volume of 448,000 units — the highest turnover in the complex — with AUM of 10,426B VND.
3. Why did E1VFVN30 fall 0.24% but close above its VWAP?
E1VFVN30 closed at 33,910 VND against an intraday VWAP of 33,732 VND, a +0.53% premium. Although the fund declined on the session alongside the VN30-Index (-0.69%), buying pressure late in the day lifted the close above the average price at which volume actually transacted.
Track live HOSE ETF pricing, flow and VWAP data on the etf.com.vn market page, model basket allocations with our comparison tool, and build your own exposure using the portfolio builder.
Disclaimer: This content is for informational purposes only and does not constitute personal investment advice.