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Vietnamese (HOSE) Tech Sector Analysis

UpdatedAug 29, 2025
DataAggregated Company Financials
Companies15
  • 7D2.4%
  • 3M4.8%
  • 1Y-10.0%
  • YTD-19.6%

In the last week, the Tech industry is up 2.4%, with FPT up 2.8%. However, the industry is down 10% over the past year. Looking forward, earnings are forecast to grow by 20% annually.

Sector Valuation and Performance

Has the Vietnamese Tech Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 29 Aug 2025₫200.6t₫108.1t₫9.0t11x22.2x1.9x
Sun, 27 Jul 2025₫212.5t₫106.9t₫9.0t21.3x23.6x2x
Tue, 24 Jun 2025₫191.9t₫104.8t₫8.6t20x22.3x1.8x
Thu, 22 May 2025₫192.9t₫104.9t₫8.6t18x22.4x1.8x
Sat, 19 Apr 2025₫182.2t₫102.7t₫8.2t22x22.1x1.8x
Mon, 17 Mar 2025₫215.1t₫102.7t₫8.2t23.1x26.2x2.1x
Wed, 12 Feb 2025₫236.1t₫101.7t₫8.1t25.3x29.1x2.3x
Fri, 10 Jan 2025₫241.0t₫97.8t₫7.8t32.3x31.1x2.5x
Sun, 08 Dec 2024₫244.5t₫97.8t₫7.8t36.6x31.5x2.5x
Tue, 05 Nov 2024₫218.4t₫97.4t₫7.8t34.4x28.2x2.2x
Thu, 03 Oct 2024₫222.8t₫94.5t₫7.4t32.3x30.1x2.4x
Sat, 31 Aug 2024₫221.3t₫94.5t₫7.4t32.5x29.9x2.3x
Mon, 29 Jul 2024₫211.9t₫94.4t₫7.4t33x28.7x2.2x
Wed, 26 Jun 2024₫216.7t₫91.6t₫7.1t30.6x30.7x2.4x
Fri, 24 May 2024₫201.9t₫91.6t₫7.1t29.3x28.6x2.2x
Sun, 21 Apr 2024₫159.0t₫88.4t₫6.8t23.4x23.5x1.8x
Tue, 19 Mar 2024₫166.2t₫88.6t₫6.8t24.6x24.5x1.9x
Thu, 15 Feb 2024₫154.1t₫88.7t₫6.8t23.6x22.8x1.7x
Sat, 13 Jan 2024₫140.9t₫86.6t₫6.5t22.8x21.6x1.6x
Mon, 11 Dec 2023₫139.6t₫86.6t₫6.5t22.8x21.5x1.6x
Wed, 08 Nov 2023₫130.3t₫85.7t₫6.5t27.6x20.1x1.5x
Fri, 06 Oct 2023₫147.8t₫84.9t₫6.3t22.9x23.5x1.7x
Sun, 03 Sep 2023₫153.3t₫84.9t₫6.3t24.5x24.4x1.8x
Tue, 01 Aug 2023₫128.3t₫85.0t₫6.3t24.1x20.4x1.5x
Thu, 29 Jun 2023₫113.8t₫83.8t₫6.1t18.8x18.6x1.4x
Sat, 27 May 2023₫105.9t₫82.3t₫6.1t14x17.4x1.3x
Mon, 24 Apr 2023₫103.2t₫84.9t₫6.2t17x16.5x1.2x
Wed, 22 Mar 2023₫101.6t₫85.2t₫6.0t17.7x16.9x1.2x
Fri, 17 Feb 2023₫106.7t₫85.1t₫6.0t14.2x17.8x1.3x
Sun, 15 Jan 2023₫104.4t₫85.5t₫6.2t7.6x16.8x1.2x
Tue, 13 Dec 2022₫101.3t₫76.3t₫6.1t9.9x16.7x1.3x
Thu, 10 Nov 2022₫96.2t₫76.3t₫6.1t8.8x15.8x1.3x
Sat, 08 Oct 2022₫99.0t₫71.1t₫5.6t12.5x17.5x1.4x
Mon, 05 Sep 2022₫116.3t₫71.1t₫5.6t15.6x20.6x1.6x
Price to Earnings Ratio

20.6x


Total Market Cap: ₫116.3tTotal Earnings: ₫5.6tTotal Revenue: ₫71.1tTotal Market Cap vs Earnings and Revenue0%0%0%
Vietnamese Tech Sector Price to Earnings3Y Average 23.1x202320242025
Current Industry PE
  • Investors are relatively neutral on the Vietnamese Information Technology industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 23.1x.
  • The industry is trading close to its 3-year average PS ratio of 1.8x.
Past Earnings Growth
  • The earnings for companies in the Information Technology industry have grown 17% per year over the last three years.
  • Revenues for these companies have grown 15% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Vietnamese Tech sector?

VN Market-0.54%
Tech2.35%
IT2.48%
Electronic Equipment and Components0.86%
Communications-3.71%
Software-8.78%
Industry PE
  • Investors are most optimistic about the Communications industry which is trading above its 3-year average PE ratio.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Software industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 4.0x.
Forecasted Growth
  • Analysts are most optimistic on the IT industry, expecting annual earnings growth of 20% over the next 5 years.
  • This is better than its past earnings growth rate of 14% per year.
  • In contrast, the Electronic Equipment and Components industry is expected to see its earnings grow by 19% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
FPT FPT₫101.60k2.6%
+₫4.4t		-13.3%PE21.7x
CMG CMC₫40.30k1.3%
+₫105.7b		-15.3%PE27.2x
PSD Petroleum General Distribution Services₫13.90k2.2%
+₫15.5b		7.8%PE7.5x
ICT for Telecoms and Informatics₫13.10k2.7%
+₫11.3b		7.4%n/a
POT Post and Telecommunication Equipment JSC₫21.50k2.4%
+₫9.7b		28.7%PS0.3x

Latest News

KST
₫14,000.00
Kasati
7D
3.7%
1Y
12.0%
UNI
₫10,700.00
Vien Lien
7D
-6.1%
1Y
37.2%
SRA
₫3,100.00
SARA Vietnam
7D
-3.1%
1Y
-16.2%
FPT
₫101,600.00
FPT
7D
2.6%
1Y
-13.3%
SMT
₫12,000.00
Sametel
7D
-13.0%
1Y
182.4%
CMG
₫40,300.00
CMC
7D
1.3%
1Y
-15.3%
PSD
₫13,900.00
Petroleum General Distribution Services
7D
2.2%
1Y
7.8%
VLA
₫10,500.00
Van Lang Technology Development and Investment
7D
-0.9%
1Y
-12.5%
POT
₫21,500.00
Post and Telecommunication Equipment JSC
7D
2.4%
1Y
28.7%
ELC
₫21,700.00
ELCOM Technology Communications
7D
-1.1%
1Y
-5.1%
ONE
₫5,500.00
One Technologies
7D
3.8%
1Y
5.8%
VTC
₫8,700.00
VTC Telecommunications
7D
6.1%
1Y
3.6%
ICT
₫13,100.00
for Telecoms and Informatics
7D
2.7%
1Y
7.4%