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Vietnamese (HOSE) Tech Sector Analysis

UpdatedJan 26, 2026
DataAggregated Company Financials
Companies15
  • 7D-4.0%
  • 3M3.8%
  • 1Y-21.7%
  • YTD6.7%

Over the last 7 days, the Tech industry has dropped 4.0%, driven by a pullback from FPT of 6.9%. Overall the industry is down 22% in 12 months. As for the next few years, earnings are expected to grow by 19% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 26 Jan 2026₫196.1t₫114.8t₫9.7t17.9x20.3x1.7x
Wed, 24 Dec 2025₫181.8t₫112.3t₫9.6t7.4x18.9x1.6x
Fri, 21 Nov 2025₫191.4t₫112.0t₫9.5t8.4x20.1x1.7x
Sun, 19 Oct 2025₫171.5t₫108.2t₫9.0t9.9x19x1.6x
Tue, 16 Sep 2025₫197.2t₫108.1t₫9.0t11.3x21.8x1.8x
Thu, 14 Aug 2025₫203.6t₫108.0t₫9.0t15.9x22.5x1.9x
Sat, 12 Jul 2025₫207.0t₫105.0t₫8.6t20.4x24x2x
Mon, 09 Jun 2025₫188.3t₫104.8t₫8.6t19.3x21.9x1.8x
Wed, 07 May 2025₫180.0t₫104.9t₫8.6t17.6x20.9x1.7x
Fri, 04 Apr 2025₫186.2t₫102.7t₫8.2t21.7x22.6x1.8x
Sun, 02 Mar 2025₫228.9t₫101.7t₫8.2t22.2x28x2.3x
Tue, 28 Jan 2025₫248.3t₫102.9t₫8.1t31.2x30.7x2.4x
Thu, 26 Dec 2024₫245.8t₫97.8t₫7.8t36.9x31.6x2.5x
Sat, 23 Nov 2024₫220.1t₫97.8t₫7.8t34.2x28.3x2.3x
Mon, 21 Oct 2024₫225.4t₫94.3t₫7.4t32.6x30.4x2.4x
Wed, 18 Sep 2024₫218.0t₫94.5t₫7.4t29.5x29.5x2.3x
Fri, 16 Aug 2024₫211.2t₫95.0t₫7.4t30.8x28.6x2.2x
Sun, 14 Jul 2024₫222.7t₫91.6t₫7.0t31.5x31.7x2.4x
Tue, 11 Jun 2024₫208.7t₫91.6t₫7.1t29.4x29.6x2.3x
Thu, 09 May 2024₫190.5t₫91.6t₫7.1t28x27x2.1x
Sat, 06 Apr 2024₫168.1t₫88.4t₫6.8t25.4x24.9x1.9x
Mon, 04 Mar 2024₫162.4t₫88.6t₫6.8t24x23.9x1.8x
Wed, 31 Jan 2024₫142.0t₫87.7t₫6.8t22.6x20.9x1.6x
Fri, 29 Dec 2023₫143.1t₫86.6t₫6.5t22.9x21.9x1.7x
Sun, 26 Nov 2023₫135.2t₫86.5t₫6.5t22.1x20.8x1.6x
Tue, 24 Oct 2023₫143.8t₫87.5t₫6.6t22.8x21.9x1.6x
Thu, 21 Sep 2023₫156.2t₫84.9t₫6.3t23.7x24.9x1.8x
Sat, 19 Aug 2023₫136.1t₫84.9t₫6.3t23.3x21.7x1.6x
Mon, 17 Jul 2023₫118.3t₫83.8t₫6.1t19.5x19.4x1.4x
Wed, 14 Jun 2023₫109.5t₫83.8t₫6.1t18.3x17.9x1.3x
Fri, 12 May 2023₫101.3t₫82.3t₫6.1t13.7x16.6x1.2x
Sun, 09 Apr 2023₫104.0t₫84.0t₫6.0t12.9x17.3x1.2x
Tue, 07 Mar 2023₫102.0t₫85.1t₫6.0t13.3x17x1.2x
Thu, 02 Feb 2023₫107.4t₫84.1t₫6.0t10.1x17.8x1.3x
Price to Earnings Ratio

17.8x


Total Market Cap: ₫107.4tTotal Earnings: ₫6.0tTotal Revenue: ₫84.1tTotal Market Cap vs Earnings and Revenue0%0%0%
Vietnamese Tech Sector Price to Earnings3Y Average 23.5x202420252026
Current Industry PE
  • Investors are pessimistic on the Vietnamese Information Technology industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 20.3x which is lower than its 3-year average PE of 23.5x.
  • 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 11% 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-0.48%
Tech-3.97%
Software0%0
Electronic Equipment and Components-0.82%
Communications-2.07%
IT-4.17%
Industry PE
  • Investors are most optimistic about the IT industry even though it's trading below its 3-year average PE ratio of 23.9x.
    • Analysts are expecting annual earnings growth of 18.9%, which is lower than the prior year's growth of 69.3% per year.
  • 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 4.2x.
Forecasted Growth
  • Analysts are most optimistic on the IT industry, expecting annual earnings growth of 19% over the next 5 years.
  • However this is lower than its past earnings growth rate of 69% per year.
  • In contrast, the Electronic Equipment and Components industry is expected to see its earnings grow by 16% 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
POT Post and Telecommunication Equipment JSC₫24.00k3.9%
+₫17.5b
52.9%PS0.3x
UNI Sao Mai Viet Investment and Development₫8.90k4.7%
+₫17.0b
34.8%PE2888.6x

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