Daily Call
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Market Wrap: Market boomed with new records made in index points and trading turnover
Macro Update: Update on trade
Equity Research Update: VPB VN (Outperform; TP VND 27,300): 2Q25 result: Solid beat
29/07/2025
Download28/07/2025
DownloadMacro Update: Proposed Amendments to the Law on Public Debt Management
Equity Research Update: HT1 VN (Outperform; TP VND 15,700): Strong earnings rebound underpinned by robust demand and easing input costs
25/07/2025
DownloadMarket Wrap: The VNIndex sustained 1500pts threshold on robust liquidity
Macro Update: Update on Reciprocal Tariff Developments and Vietnam’s Trade Outlook
Equity Research Update: VLB VN (Outperform; TP VND 59,700): Infrastructure Boom Fuels Strong Double-Digit Growth Outlook
24/07/2025
DownloadMacro Update: Update on the draft on personal income tax law
Equity Research Update: TCB VN (Market Perform; TP VND 38,800): 2Q25 Business Results Overview
23/07/2025
DownloadMacro Update: Circular 14/2025: A Dual Approach to Prudence and Growth
Equity Research Update: VNDiamond, VNFIN Lead Indices 3Q25 Review Results
22/07/2025
DownloadMacro Update: Update on land policy reform
Equity Research Update: NT2 VN (BUY; TP VND 25,000): 1H25 recap: NT2 reports strong 2Q25 results, surpassing full-year guidance
21/07/2025
DownloadMacro Update: Progress on Vietnam’s Market Upgrade
Equity Research Update: FPT VN (Market Perform; TP VND 132,000): 1H25 results: APAC weak momentum weighed on global IT performance
18/07/2025
DownloadMacro Update: Update on Vietnam new GDP growth target
Equity Research Update:
Draft Amendment to Decree 24/2012/ND-CP on Gold Trading Management
HPG VN: 2Q25 Prelim Results: Strong Growth by Margin and Capacity Expansion
17/07/2025
DownloadMarket Wrap: EM upgrade investment theme becoming vivid
Macro Update: Government Efforts to Resolve Stalled Projects and Renewable Energy Challenges
Equity Research Update:
HSG VN (Market Perform; TP VND 18,300): 3Q FY2025 Preliminary Results
CTR VN (Market Perform; TP VND 108,000): 1H25 Recap: Slightly lower-than-expected number of newly built BTS sites
16/07/2025
DownloadMacro Update: Tariff Developments and Vietnam–Russia Trade Overview
Equity Research Update: Vietnam Construction Sector: Positive Growth Momentum
15/07/2025
DownloadMacro Update: Update on state budget revenue
Equity Research Update: Consumer Staples: Leading F&B companies-Now more affordable!
14/07/2025
DownloadEquity Research Update: Vietnam Transportation Sector: Navigating a Bumpy Road Ahead
11/07/2025
DownloadMacro Update: Key Tariff Adjustments and Trade Developments
Equity Research Update: Vietnam Retail Sector: Retail Reinvented: Consolidation and Growth Amid Regulatory Shifts
10/07/2025
DownloadMacro Update: Update on exchange rate
Equity Research Update: Vietnam Technology & Telecom Sector: AI and Digital Transformation as Strategic Pillars Amid Moderating Sentiment
09/07/2025
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