TL;DR: FPT Corporation (HOSE: FPT) is Vietnam’s largest technology company — $2.6 billion in trailing revenue, 54,000+ employees, offices in 30 countries, and over 100 Fortune 500 clients. It’s Vietnam’s purest AI play, with NVIDIA-powered AI factories ranked among the world’s top 40 fastest supercomputers. At a P/E of ~19 with 20%+ annual profit growth,…
TL;DR: Vingroup (HOSE: VIC) is Vietnam’s largest publicly traded company by market cap (~1,200 trillion VND / ~$49 billion). It’s a sprawling conglomerate spanning real estate (Vinhomes), electric vehicles (VinFast), healthcare (Vinmec), education (VinUni), and technology. VIC hit an all-time high of 190,000 VND in January 2026 — up over 300% in a year. The…
TL;DR: There are now three US-listed Vietnam ETFs. VNM ($609M AUM, 0.68% fee) is the oldest and most liquid. VNAM ($25M, 0.51%) is cheaper but tiny. KPHO (launched Dec 2025, sub-$10M) is the only one that accesses full-FOL stocks through the Diamond ETF. For most investors, VNM is still the default. For FOL-aware investors who…
TL;DR: Vietnam’s stock market (HOSE) trades Monday–Friday, 9:00 AM to 2:45 PM Vietnam time (GMT+7). For US investors, that’s 9:00 PM to 2:45 AM Eastern — you can literally trade while America sleeps. The market closes for 9+ holidays per year, including a week-long Tet shutdown. Daily price limits of ±7% on HOSE, T+2 settlement,…
TL;DR: Foreign Ownership Limits (FOL) cap how much of a Vietnamese company foreigners can collectively own. Limits range from 0% (defense, media) to 100% (unrestricted sectors like manufacturing, retail). Banking is capped at 30% (49% for restructuring banks). When a stock’s FOL is full, you can only buy from another foreigner — often at a…
TL;DR: The VN-Index is Vietnam’s main stock market benchmark, tracking all companies listed on the Ho Chi Minh Stock Exchange (HOSE). It started at 100 points in July 2000 with just 2 stocks. As of early 2026, it trades above 1,800 points with 400+ listed companies and a total market cap exceeding $300 billion across…
TL;DR — The 60-Second Version Vietnam’s economy grew 8% in 2025 — its strongest performance in 16 years and among the fastest in the world. GDP hit approximately $514 billion, and per capita income crossed $5,000 for the first time. The government is targeting 10%+ growth for 2026. International forecasters are more conservative — UOB…
TL;DR — The 60-Second Version If you’re sending money to Vietnam — whether to fund a brokerage account, pay for property, or cover living expenses as an expat — your bank is almost certainly the most expensive option. A typical US bank charges $50 per wire plus a 2-4% exchange rate markup, meaning you lose…
TL;DR — The 60-Second Version On October 7, 2025, FTSE Russell announced it will reclassify Vietnam from Frontier to Secondary Emerging Market status, effective September 21, 2026. This is the single biggest structural event for Vietnam’s stock market in a generation. It means billions of dollars in passive fund money — from ETFs like Vanguard…
TL;DR: If you’re buying Vietnam stocks through a brokerage account, you don’t need an investor visa — a 90-day e-visa or even a 45-day visa exemption (US passport holders) is enough to set up your account in person. The formal DT Investor Visa (DT1–DT4) is for direct business investment, not portfolio investing. But if you’re…