Daily Call

Market wrap: Markets lingered in green whole day, liquidity dropped significantly

Macro wrap: News briefing

Equity wrap: VGC VN (Market Perform; TP VND 45,500): Strong profit growth in 2022, but difficult to maintain in 2023

Market wrap: Indices went sideways prior to VN30f1m expiry

Macro wrap: Update on December Fed meeting and Vietnam exchange rate

Equity wrap: ANV VN (Market Perform; TP VND 25,100): Earnings tumbled as pangasius ASP shrank

Market wrap: Markets up on multiple good news

Macro wrap: Vietnam corporate bond market: The first steps towards a streamlined legal framework

Equity wrap: VHC VN (Market Perform; TP VND 69,200): 11M22 update – Lowest monthly pangasius sales recorded year-to-date

Market wrap: Real estate tickers dove drag indices down

Macro wrap: Vietnam’s 3Q22 Balance of Payments: Pressure on financial account

Equity wrap: PVS VN (Market Perform; TP VND 22,700): Lack of short-term catalyst

Market wrap: Indices up on financials gain

Macro wrap: News briefings

Equity wrap: Vietnam ETFs 4Q22 review results

Market wrap: Indices up on financials gain

Macro wrap: Update on the Vietnam monetary policy: Early signs of liquidity support from SBV

Equity wrap: DPM VN (Market Perform; TP VND 46,300): Attractive dividend to stabilize the share price amid earnings deterioration

Market wrap: Markets fluctuated hard despite VIC gain on Vinfast IPO deal announcement

Macro wrap: Update on 11M22 State Budget

Equity wrap: HAH VN (BUY; TP VND 42,800): Shipping already sailed through worst of storm. Upgrade to BUY

Market wrap: Indices fell hard on profit taking activities

Macro wrap: News briefing

Equity wrap: PLX VN: 3Q22 results and EGM notes: 2022 earnings may bottom out

Market wrap: Bourses lingered in green despite afternoon hiccup

Macro wrap: Update on credit growth

Equity wrap: BVH VN: Company Update

Market wrap: Indices shot up to the sky with VN30F1M hit Limit Up

Macro wrap: News briefing

Equity wrap: TNH VN: Company Update

Market wrap: Liquidity nearly hit USD 1bn on one of the most stocks traded day 

Macro wrap: Update on the monthly cabinet meeting

Equity wrap: Vietnam Power sector update: More of dividend yield play rather than growth thesis

Market wrap: FII constantly inflow lift bourses up for 5 consecutive days

Macro wrap: Update on the 2022-2025 SoEs divestment and equitization plan

Equity wrap: BCM VN (Outperform; TP VND 88,700): Growth expectations are positive with revenue recognition from Binh Duong New City

Market wrap: Foreign flow pushed indices further

Macro wrap: Vietnam November Macro Update: Cloudy picture for the Vietnam manufacturing sector

Equity wrap: FRT VN (Underperform; TP VND 60,000): Earnings to deteriorate from 4Q22

Market wrap: Bourse shot up as retail sentiment eased

Macro wrap: Update on the 2022 public investment progress

Equity wrap: VCB VN (Outperform; TP VND 89,600): A defensive play within the Vietnam banking sector

Market wrap: Bourse surged on positive sentiment toward Novaland case

Macro wrap: New briefings

Equity wrap: KBC VN (BUY; TP VND 28,000): Smooth industrial land lease processing crucial for near-term liquidity