VN-Index regains positive momentum.

After two consecutive sessions of sharp declines, the VN-Index recovered, rising nearly 15 points despite continued net selling by foreign investors exceeding 1,200 billion VND, with domestic capital playing a supporting role in the market.

Báo Tuổi Trẻ•16/01/2026

VN-Index rebounds after two days of correction - Photo: HUU HANH

Foreign investors sold net for the fourth consecutive session.

The Vietnamese stock market rebounded strongly on January 16th, following two previous sessions of sharp corrections. The gains were led by large-cap stocks, particularly Vingroup and technology companies.

At the close of trading , the VN-Index rose 14.33 points (+0.77%) to 1,879.13 points . During the morning session, the index briefly surged by 30.54 points , reaching 1,895.54 points , before narrowing its gains towards the end of the session.

On the remaining exchanges, the HNX-Index fell 0.88 points (-0.35%) to 252.28 points , while the UPCoM-Index rose 0.98 points (+0.78%) to 127.06 points . The VN30-Index recorded a stronger increase, rising 32.87 points (+1.61%) to 2,080.35 points .

Market breadth leaned toward gains with 402 stocks rising , 357 falling , and 750 remaining unchanged ; the entire market recorded 53 stocks hitting the upper limit and 25 stocks hitting the lower limit .

Liquidity continued to improve, although it cooled down somewhat compared to the previous session. The trading value on the HOSE reached approximately VND 35,636 billion , down 12% from yesterday , but still 20% higher than the average of the past month .

VN-Index - Ảnh 2. — Heat map of the January 16th session - Source: VSF

Foreign investor activity continued to be a negative factor, with foreign investors selling net approximately 1,200 billion VND , marking the fourth consecutive net selling session . Specifically, foreign investors bought 3,386 billion VND and sold 4,614 billion VND .

On the selling side, PNJ was the most heavily sold with 206 billion VND , followed by VIX (153 billion VND) and VRE (124 billion VND) . Conversely, FPT was the most heavily bought with 215 billion VND , VIC was bought net more than 97 billion VND , followed by BCM with approximately 70 billion VND .

FPT Group stocks all rose.

In terms of impact on the index , on the positive side, VIC was the stock that contributed the most to the VN-Index, followed by VHM, FPT, VCB, and MWG . FPT, in particular, surged to its ceiling price (+6.9%) , becoming the focal point of the technology sector.

Not only FPT, but all FPT-related stocks also performed well today. FOX hit its ceiling price, FOC rose 6.8%, while FRT increased 6.2%.

The surge in this group occurred against the backdrop of the Hanoi People's Committee and FPT Group officially launching the Digital and Mixed-Use Technology Park project in Tay Tuu and Phu Dien wards on the morning of January 16th.

The project, spanning nearly 200 hectares, is expected to contribute to the formation of a new growth pole based on science, technology, and innovation, while also opening up workspaces, living spaces, and creative opportunities for the technology community during the 2026-2031 period, thereby creating further positive momentum for related stocks.

Conversely, the stocks putting pressure on the index included GAS, GVR, HDB, MCH, and VNM , with GAS and HDB being the two stocks that dragged the index down the most.

The real estate sector performed well as many large-cap stocks rose simultaneously, notably VIC up 4.51%, VHM up 3.42%, and VRE up 1.75%. Similarly, the non-essential consumer goods sector saw positive performance thanks to the pull from MWG (+3.57%) and PNJ (+6.11%).

Conversely, the oil and gas sector faced downward pressure, with GAS falling 3.11%, BSR down 2.66%, and PVS down 3.02%.

The banking and securities sector saw mixed trading, with some stocks rising slightly such as VCB (+1.53%), BID (+0.79%), TCB (+0.56%), while HDB (-3.72%), CTG (-1%), VIX (-1.59%) and SHS (-1.46%) faced downward pressure.