Vietnam Fund Performance Report – June 2025

FiinGroup is pleased to introduce the Vietnam Investment Fund Market Report – June 2025, offering a comprehensive overview of fund activities and capital flows in the Vietnamese market. The report delivers up-to-date and in-depth analyses of fund performance, capital movement trends, and portfolio shifts throughout the month. 

Key highlights from the June 2025 report include: 

Fund Performance: In the first half of 2025 (6M2025), the average performance across investment fund groups declined significantly compared to the same period last year. Specifically, most equity funds underperformed the broader market, while balanced funds also delivered notably lower growth year-over-year. In contrast, bond funds showed relatively stable performance. 

Capital Flows into the Stock Market via Funds: Over VND 12.5 trillion in net outflows were recorded from investment funds in 6M2025, equivalent to the same period last year, with the majority coming from equity funds. Meanwhile, bond funds saw relatively balanced inflows/outflows and began to show early signs of recovery. 

Cash Allocation: In June 2025, 25 out of 34 equity open-ended funds reduced their cash allocation, a sharp increase from 19 out of 35 funds in May 2025. Notably, VESAF and VMEEF significantly cut their cash ratios. Additionally, VFMVSF and DCDS continued to lower cash holdings for the third consecutive month. 

Portfolio Movements: HPG topped the net-bought stocks list among funds by volume, with the largest number of funds participating in net buying during June 2025. In contrast, VIC and VHM experienced strong net selling due to weight reduction during the Q2 rebalancing. Furthermore, 6 out of 14 VN30 banking stocks - including STB, BID, ACB, VIB, HDB, and TCB - were also heavily sold off. 

📎 DOWNLOAD FULL REPORT HERE

For further insights or support, please contact your service representative or email: support@fiintrade.vn 

Happy Investing!