Daily Call

Market wrap: VN-Index moves closer to the 1,300 level while liquidity weakens

Macro wrap: Update on Vietnam trade data

Equity wrap: HND VN (Underperform; TP VND 15,700): 2Q2021 contraction linked to lower PPA price

                      PPC VN (Underperform; TP VND 19,900): Technical shutdown in Pha Lai 2 pulls back 2Q 2021 as well as FY21 results

Market wrap: Bourses dip further on lingering COVID worries

Macro wrap: Update on road network planning for 2021 – 2030

Equity wrap: VCB VN (Market Perform; TP VND 111,500): Downgrade: more support for COVID-hit customers

Market wrap: Indices plunge on heavy selloffs, liquidity hits ATH

Macro wrap: Vietnam Macro Update: The race to reopen: The last battle?

Equity wrap: TRA VN (BUY; TP VND 101,000): Benefit from tightening health supplement market, expansion of synthetic drugs & higher return on sales with more efficient SG&A expenses

Market wrap: HCM bourse slips into green on Aug future expiry

Macro & Equity wrap: Update on the draft Circular amending Circular 01 and 03 on loan rescheduling scheme by SBV

Market wrap: HCM bourse tumbles on heavy selling among blue-chips

Macro wrap: Update on the Resolution on the Allocation of Recurrent Expenditure Estimates of the State Budget in 2022

Equity wrap: BVH VN (Market Perform; TP VND 71,000): Accumulate for FY2022

Market wrap: Correction emerges as weighed by heavy profit-taking

Macro wrap: Update on the draft Resolution on Covid support measures for businesses

Equity wrap: Vietnam ETFs 3Q2021 rebalancing estimates

Market wrap: Bourses extend the upbeat momentum on remarkably high liquidity

Macro wrap: Update on the domestic Covid situation

Equity wrap: BMP VN (Underperform; TP VND 51,700): Business results may hit bottom in 3Q21 due to heavy impact of Covid-19

Market wrap: VN-Index regains into green despite the strong turbulence

Macro wrap: Update on Covid-19 situation

Equity wrap: GMD VN (Outperform; TP VND 56,200): Gemalink is on the right track to run at full speed in 2022

Market wrap: Both bourses extend correction, liquidity focuses on mid-caps

Macro wrap: Update on retail gasoline price adjustment

Equity wrap: DPM VN: Update on 1H2021 results

                      DCM VN: Update on 1H2021 results

Market wrap: Bourses dip from rising profit-taking pressure

Macro wrap: Update on July trade data and SBV actions on USDVND

Equity wrap: VHC VN (Market Perform; TP VND 47,000): Analyst meeting – Transportation disruptions will cause recovery slowdown in 2H21

Market wrap: Gain momentum eases on growing profit-booking

Macro wrap: Update on the Resolution 86/NQ-CP on urgent solutions for Covid-19 outbreak

Equity wrap: PHR VN (Market Perform; TP VND: 57,100): Update on 2Q21 results

Market wrap: Bourses rebound from past day’s hiccup

Macro wrap: Update on the North – South PPP expressway

Equity wrap: PVD VN (Market Perform; TP VND 21,000): 2021 AGM and 1H results – Expecting better workload for 2H2021

Market wrap: VN-Index ends 9 consecutive gains, liquidity strengthens

Macro wrap: Update on the Covid-19 measures

Equity wrap: POW VN: 1H ’21 was largely saved by oneoff gains

                      CTD VN: Analyst meeting note

Market wrap: VN-Index maintains consecutive gaining streaks higher than regional peers

Macro wrap: Update on the bad debt resolution

Equity wrap: BID VN (Market Perform; TP VND 48,000): Impressive profit growth in 1H 2021 may be difficult to sustain in 2H 2021

Market wrap: Bourses see eight consecutive winning streaks despite COVID

Macro wrap: Update on July State budget Revenue

Equity wrap: TPB VN (BUY; TP VND 43,700): 2Q21 preliminary results