Header cover image

Vietnamese (HOSE) Tech Sector Analysis

UpdatedAug 20, 2026
DataAggregated Company Financials
Companies13
  • 7D-2.3%
  • 3M-9.4%
  • 1Y-27.9%
  • YTD-25.8%

Over the last 7 days, the Tech industry has dropped 2.9%, driven by a pullback from FPT of 2.7%. The industry has fallen 30% in the last year. Earnings are forecast to grow by 16% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 20 Aug 2026₫136.1t₫122.9t₫11.2t11.3x12.1x1.1x
Sat, 18 Jul 2026₫132.6t₫122.4t₫10.6t12.9x12.5x1.1x
Mon, 15 Jun 2026₫144.1t₫122.4t₫10.6t13.6x13.5x1.2x
Wed, 13 May 2026₫140.0t₫122.4t₫10.6t14.2x13.2x1.1x
Fri, 10 Apr 2026₫154.6t₫120.7t₫10.1t16.8x15.3x1.3x
Sun, 08 Mar 2026₫160.9t₫120.7t₫10.1t18.1x15.9x1.3x
Tue, 03 Feb 2026₫203.3t₫118.0t₫10.2t19.8x20x1.7x
Thu, 01 Jan 2026₫184.8t₫112.3t₫9.6t7.2x19.2x1.6x
Sat, 29 Nov 2025₫187.9t₫112.0t₫9.5t9.2x19.7x1.7x
Mon, 27 Oct 2025₫188.3t₫110.3t₫9.4t9.9x19.9x1.7x
Wed, 24 Sep 2025₫189.5t₫108.1t₫9.0t11x21x1.8x
Fri, 22 Aug 2025₫196.0t₫108.1t₫9.0t12x21.7x1.8x
Sun, 20 Jul 2025₫210.3t₫105.0t₫8.6t20.7x24.5x2x
Tue, 17 Jun 2025₫196.2t₫104.8t₫8.6t19.5x22.8x1.9x
Thu, 15 May 2025₫205.5t₫104.9t₫8.6t18.5x23.9x2x
Sat, 12 Apr 2025₫192.2t₫102.7t₫8.2t20.6x23.4x1.9x
Mon, 10 Mar 2025₫230.9t₫102.7t₫8.2t21.1x28.1x2.2x
Wed, 05 Feb 2025₫237.5t₫101.5t₫8.1t29.8x29.3x2.3x
Fri, 03 Jan 2025₫247.2t₫97.8t₫7.8t36.1x31.8x2.5x
Sun, 01 Dec 2024₫236.6t₫97.8t₫7.8t36x30.5x2.4x
Tue, 29 Oct 2024₫221.5t₫96.7t₫7.8t31.4x28.6x2.3x
Thu, 26 Sep 2024₫221.2t₫94.5t₫7.4t32.1x29.9x2.3x
Sat, 24 Aug 2024₫219.2t₫94.5t₫7.4t32.7x29.6x2.3x
Mon, 22 Jul 2024₫210.0t₫94.3t₫7.4t30.4x28.4x2.2x
Wed, 19 Jun 2024₫214.9t₫91.6t₫7.1t30.1x30.5x2.3x
Fri, 17 May 2024₫198.2t₫91.6t₫7.1t28.1x28.1x2.2x
Sun, 14 Apr 2024₫170.7t₫88.4t₫6.8t26.4x25.2x1.9x
Tue, 12 Mar 2024₫161.0t₫88.6t₫6.8t23.7x23.7x1.8x
Thu, 08 Feb 2024₫154.1t₫88.7t₫6.8t23.6x22.8x1.7x
Sat, 06 Jan 2024₫145.0t₫86.6t₫6.5t23.6x22.2x1.7x
Mon, 04 Dec 2023₫136.9t₫86.6t₫6.5t22.2x21x1.6x
Wed, 01 Nov 2023₫122.0t₫85.7t₫6.5t25.2x18.9x1.4x
Fri, 29 Sep 2023₫148.7t₫84.9t₫6.3t23.3x23.7x1.8x
Sun, 27 Aug 2023₫144.3t₫84.9t₫6.3t24.2x23x1.7x
Price to Earnings Ratio

23x


Total Market Cap: ₫144.3tTotal Earnings: ₫6.3tTotal Revenue: ₫84.9tTotal Market Cap vs Earnings and Revenue0%0%0%
Vietnamese Tech Sector Price to Earnings3Y Average 22.9x202420252026
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 12.1x which is lower than its 3-year average PE of 22.9x.
  • The 3-year average PS ratio of 1.8x is higher than the industry's current PS ratio of 1.1x.
Past Earnings Growth
  • The earnings for companies in the Information Technology industry have grown 21% per year over the last three years.
  • Revenues for these companies have grown 13% 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-3.64%
Tech-2.35%
Electronic Equipment and Components3.29%
Communications3.08%
Software0%0
IT-2.81%
Industry PE
  • Investors are most optimistic about the IT industry even though it's trading below its 3-year average PE ratio of 23.2x.
    • Analysts are expecting annual earnings growth of 16.7%, which is lower than the prior year's growth of 21.6% per year.
  • Investors are most pessimistic about the Communications industry, which is trading below its 3-year average of 114x.
Forecasted Growth
  • Analysts are most optimistic on the IT industry, expecting annual earnings growth of 17% over the next 5 years.
  • However this is lower than its past earnings growth rate of 22% per year.
  • In contrast, the Electronic Equipment and Components industry is expected to see its earnings grow by 9.4% 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
DGW Digiworld₫42.70k4.1%
+₫376.0b
-0.8%PE11.3x
VTC VTC Telecommunications₫11.40k14.0%
+₫7.5b
63.6%PE262.1x
SMT Sametel₫10.90k10.1%
+₫6.6b
-16.2%PE1.5x
POT Post and Telecommunication Equipment JSC₫19.10k1.1%
+₫3.9b
-12.8%PE5.6x
ICT for Telecoms and Informatics₫17.05k0.3%
+₫1.6b
31.7%PE10.7x

Latest News