Best Vietnamese Stocks: November 2026
Quality 88: ROIC in the top 5% of its sector and high return on equity. Value 76: cheap on EV/EBITDA and cheap on free cash flow. Momentum 58: quarterly earnings growing but EPS deteriorating.
As of 7 Nov 2026, PetroVietnam Power Nhon Trach 2 Joint Stock Company (NT2.VN) ranks first on MoatMap's November 2026 list of Vietnamese stocks, with a MoatMap Score of 99/100, among stocks above its $250M market-cap floor. A research ranking, not investment advice.
November 2026 edition · data as of ·Next edition forms ·How we score stocks·How past rankings did·All Vietnam stocks, refreshed daily
Top 25 Vietnamese Stocks by MoatMap Score
| # | Stock | Yield | P/E | Score | Q | V | M | Style · Activity | |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Yield 4.4% | P/E 15.6 | 99 Score | 88 Q | 76 V | 58 M | Full House | ||
| 2 | Quality 87: F-Score 9/9 and strong free cash flow. Momentum 67: near its 52-week high and outperforming the market over 6 months. Value 60: cheap on EV/EBITDA and cheap on free cash flow. | Yield 2.5% | P/E 11.4 | 98 Score | 87 Q | 60 V | 67 M | Full House | |
| 3 | Quality 88: ROIC in the top 5% of its sector and strong free cash flow. Value 73: cheap on P/E and cheap on EV/EBITDA. Momentum 51: quarterly earnings growing but EPS deteriorating. | Yield 1.1% | P/E 4.8 | 97 Score | 88 Q | 73 V | 51 M | Full House | |
| 4 | Quality 93: ROIC in the top 5% of its sector and high gross profitability. Value 64: a high yield and cheap on EV/EBITDA. Momentum 50: EPS deteriorating. | Yield 10.9% | P/E 9.0 | 96 Score | 93 Q | 64 V | 50 M | Full House | |
| 5 | Quality 79: strong free cash flow and ROIC in the top 5% of its sector. Value 73: cheap on EV/EBITDA and cheap on P/E. Momentum 53: quarterly earnings growing but EPS deteriorating. | Yield 4.7% | P/E 5.4 | 96 Score | 79 Q | 73 V | 53 M | Full House | |
| 6 | Quality 87: F-Score 8/8 and ROIC in the top 5% of its sector. Value 69: a high yield and cheap on P/E. Momentum 49: near its 52-week high but quarterly earnings shrinking. | Yield 12.0% | P/E 12.4 | 96 Score | 87 Q | 69 V | 49 M | Unloved Quality | |
| 7 | Momentum 67: EPS improving and outperforming the market over 6 months. Quality 67: high return on equity and wide operating margins. Value 64: valuation ratios not meaningful for a financial. | Yield — | P/E 7.9 | 93 Score | 67 Q | 64 V | 67 M | Full House | |
| 8 | Quality 74: wide operating margins and ROIC in the top 5% of its sector. Value 73: cheap on P/E and cheap on EV/EBITDA. Momentum 50: mixed. | Yield 4.1% | P/E 7.3 | 93 Score | 74 Q | 73 V | 50 M | Full House | |
| 9 | Momentum 68: near its 52-week high and outperforming the market over 6 months. Value 65: valuation ratios not meaningful for a financial. Quality 64: high return on equity and wide operating margins. | Yield — | P/E 5.3 | 92 Score | 64 Q | 65 V | 68 M | Full House | |
| 10 | Momentum 85: quarterly earnings growing and above its moving averages. Quality 82: ROIC in the top 5% of its sector and high return on equity. Value 30: expensive on P/E. | Yield — | P/E 90.1 | 92 Score | 82 Q | 30 V | 85 M | Premium Grower | |
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| 11 | Value 69: a high yield and cheap on EV/EBITDA. Quality 67: F-Score 8/9 and high return on equity. Momentum 61: quarterly earnings growing and outperforming the market over 6 months. | Yield 5.4% | P/E 10.2 | 92 Score | 67 Q | 69 V | 61 M | Full House | |
| 12 | Value 72: cheap on P/E and cheap on EV/EBITDA. Quality 65: ROIC in the top 10% of its sector and high return on equity. Momentum 59: near its 52-week high but EPS deteriorating. | Yield 2.1% | P/E 6.6 | 92 Score | 65 Q | 72 V | 59 M | Full House | |
| 13 | Value 80: cheap on sales and cheap on P/E. Momentum 59: outperforming the market over 6 months but EPS deteriorating. Quality 54: high return on equity but a weak F-Score 1/8. | Yield 5.2% | P/E 9.2 | 90 Score | 54 Q | 80 V | 59 M | Full House | |
| 14 | Quality 74: high return on equity and ROIC in the top 15% of its sector. Value 72: a high yield and cheap on EV/EBITDA. Momentum 46: EPS deteriorating. | Yield 6.2% | P/E 7.3 | 90 Score | 74 Q | 72 V | 46 M | Unloved Quality | |
| 15 | Value 79: valuation ratios not meaningful for a financial. Quality 63: wide operating margins and high return on equity. Momentum 47: quarterly earnings growing but EPS deteriorating. | Yield 3.4% | P/E 4.9 | 89 Score | 63 Q | 79 V | 47 M | Unloved Quality | |
| 16 | Momentum 66: outperforming the market over 6 months and near its 52-week high. Value 61: valuation ratios not meaningful for a financial. Quality 61: wide operating margins. | Yield — | P/E 7.4 | 88 Score | 61 Q | 61 V | 66 M | Full House | |
| 17 | Momentum 81: outperforming the market over 6 months and near its 52-week high. Quality 60: wide operating margins and high return on equity. Value 46: valuation ratios not meaningful for a financial. | Yield — | P/E 10.0 | 87 Score | 60 Q | 46 V | 81 M | Premium Grower | |
| 18 | Value 71: cheap on EV/EBITDA and a high yield. Quality 64: high return on equity and strong free cash flow. Momentum 51: mixed. | Yield 10.0% | P/E 9.2 | 86 Score | 64 Q | 71 V | 51 M | Full House | |
| 19 | Value 70: cheap on EV/EBITDA and cheap on P/E. Momentum 60: above its moving averages and outperforming the market over 6 months. Quality 54: high return on equity. | Yield — | P/E 7.2 | 85 Score | 54 Q | 70 V | 60 M | Full House | |
| 20 | Quality 80: ROIC in the top 5% of its sector and high return on equity. Momentum 53: EPS deteriorating. Value 51: cheap on P/E but far above book value. | Yield 3.2% | P/E 11.7 | 85 Score | 80 Q | 51 V | 53 M | Full House | |
| 21 | Value 84: cheap on free cash flow and cheap on EV/EBITDA. Quality 56: high return on equity but low gross profitability. Momentum 43: quarterly earnings shrinking. | Yield 4.8% | P/E 9.7 | 85 Score | 56 Q | 84 V | 43 M | Unloved Quality | |
| 22 | Quality 62: wide operating margins and high return on equity. Value 61: valuation ratios not meaningful for a financial. Momentum 60: outperforming the market over 6 months. | Yield 3.4% | P/E 7.5 | 84 Score | 62 Q | 61 V | 60 M | Full House | |
| 23 | Quality 76: low debt and ROIC in the top 10% of its sector. Value 59: a high yield but expensive on sales. Momentum 48: EPS deteriorating. | Yield 11.7% | P/E 12.1 | 84 Score | 76 Q | 59 V | 48 M | Unloved Quality | |
| 24 | Value 68: cheap on P/E and cheap on EV/EBITDA. Quality 67: ROIC in the top 5% of its sector and high return on equity. Momentum 47: quarterly earnings growing but EPS deteriorating. | Yield — | P/E 5.5 | 84 Score | 67 Q | 68 V | 47 M | Unloved Quality | |
| 25 | Momentum 67: near its 52-week high and outperforming the market over 6 months. Quality 67: ROIC in the top 10% of its sector and high return on equity. Value 47: expensive on sales. | Yield 2.8% | P/E 13.7 | 82 Score | 67 Q | 47 V | 67 M | Premium Grower | |
Ranked by MoatMap Score (Quality + Value + Momentum composite) at a minimum market cap of $250M. Yield and P/E are as of the data date; click a ticker for today’s price and score. A new edition is generated on the first scoring run of each month.
MoatMap does not yet read Vietnam’s director-dealing or buyback filings, so no row on this list carries those marks: an empty mark means not covered, not no activity.
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How Vietnam scores
Where the top 25 come from, and how the whole Vietnamese market sits against the global universe. The MoatMap Score is a global percentile, so the universe splits evenly into five bands by construction; a market with more of its stocks in the upper bands is scoring well as a whole.
Top 25 by sector
- Financial Services6
- Industrials6
- Real Estate3
- Utilities3
- Basic Materials2
- Consumer Defensive2
- Other3
Share of Vietnamese stocks by MoatMap Score band
- 0-1910% / 20%
- 20-3922% / 20%
- 40-5918% / 20%
- 60-7919% / 20%
- 80-10031% / 20%
Vietnamall markets
Retail Money, Foreign Room and the Ho Chi Minh Board
Vietnam is one of Asia's fastest-growing economies, and its stock market is younger than many of the companies on it: the Ho Chi Minh exchange held its first session in 2000. It is a market of banks, property developers, steelmakers, consumer brands and state companies sold down over two decades, traded mostly by local retail investors, with a cap on foreign ownership in every company. The list below covers HOSE and is where Quality, Value and Momentum agree.
MoatMap scored 174 Vietnamese stocks on 2026-11-07; 105 cleared the $250M market-cap floor this list applies. The market's average MoatMap Score is 58. Utilities is the most represented sector in the top 10 (2 names).
The Ho Chi Minh Stock Exchange (HOSE) is where most of Vietnam's large companies list. Banks are the biggest group by value (Vietcombank, BIDV, Techcombank, ACB and a long row of smaller lenders), beside property (the Vingroup family, including Vinhomes), steel (Hoa Phat), consumer staples (Vinamilk, Masan, Sabeco), technology (FPT), retail (Mobile World) and the listed units of PetroVietnam in power, fertiliser, shipping and refining. Much of the board was created by equitisation, the partial sale of state companies, and the state still holds controlling stakes in several of the largest banks and energy companies, which is one reason free floats can be smaller than a company's size suggests.
Local retail investors account for most of the daily trading, and prices often move in bigger swings than the businesses behind them. HOSE limits each stock to a 7% move in a session, so a sharp change in sentiment can play out as several days of limit moves rather than one, and margin lending rises and falls with the market. For a factor screen this cuts both ways: Momentum readings in Vietnam can be strong and short-lived, while the Quality and Value pillars, read from the financial statements, move slowly and give the steadier part of the signal. A high MoatMap Score built mainly on Momentum is worth reading with that in mind.
Foreign investors face a foreign-ownership limit on every company, generally 49% and 30% for banks, and the most sought-after names reach it. Once a stock's foreign room is full, a foreign buyer can only buy from another foreigner, often at a premium to the price local investors pay, which a score built on the exchange price does not see. MoatMap converts every company's statements to dollars before scoring, and the Vietnamese dong is managed against the dollar within a band, so currency moves are usually gradual, though the central bank has widened the band and devalued in steps before.
Two coverage notes apply to this page. It reads HOSE only: companies listed in Hanoi (HNX) or on the UPCoM board are not in MoatMap's Vietnamese universe, because the universe is built from HOSE's own list and the price source carries no Hanoi data. HNX-listed shares are due to move to HOSE after 28 December 2026, and they join the ranking at the first screen after that. And MoatMap does not yet read Vietnam's disclosures of insider dealings or treasury-share buybacks, so the director-buying and buyback marks other country pages print do not appear here: an empty mark means not covered, not no activity.
Frequently Asked Questions
- What are the top-ranked Vietnamese stocks right now?
- The table above ranks the top 25 HOSE-listed stocks by MoatMap Score, a composite of Quality (returns on capital, cash conversion, balance sheet), Value (six price ratios, from P/E to dividend yield) and Momentum (price trend and earnings revisions). It refreshes monthly with a stated data date, and each ticker links to a full score breakdown.
- Why does this list cover HOSE only?
- MoatMap builds its Vietnamese universe from the Ho Chi Minh exchange's own list, and its price source carries no data for Hanoi (HNX) or UPCoM. HNX-listed shares are due to move to HOSE after 28 December 2026 and join the ranking at the first screen after that.
- What is the foreign-ownership limit on Vietnamese stocks?
- Each company has a cap on total foreign ownership, generally 49% and 30% for banks. When a popular stock's foreign room is full, foreigners can only buy from other foreigners, often at a premium to the exchange price. MoatMap scores the exchange price, so the premium is not in the score.
- Why does this page show no director buying or buybacks?
- MoatMap does not yet read Vietnam's disclosures of insider dealings or treasury-share buybacks, so the marks other country pages print beside their rows are not available here. An empty mark means not covered, not no activity.
- How can foreigners invest in Vietnamese stocks?
- A foreign investor needs a securities trading code, which a Vietnamese broker applies for on the investor's behalf; some international brokers and many funds offer access instead. Vietnam taxes share sales at 0.1% of the sale value. Daily price limits (7% on HOSE) and the foreign-ownership caps affect how quickly a position can be built.
- How often does this Vietnam ranking refresh?
- A new edition forms on the first scoring run of each calendar month and the page states its data-as-of date. Underlying scores recompute nightly; for the daily view, use the ranked list filtered to Vietnam.