Daily Call

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Daily Call
SSI Daily Equity Market Call with Update on trade and VPB

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

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SSI Daily Equity Market Call with Update on progress to resolve stalled projects and DGC
Market Wrap: New history made
Macro Update: Progress on Resolution of Stalled Projects
Equity Research Update: DGC VN (Outperform; TP VND 122,000):  Stronger 2H25 Earnings Dependent on Apatite Ore Licensing Approval

28/07/2025

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SSI Daily Equity Market Call with Update on public debt management and HT1
Market Wrap: The VNIndex sustained historical peak despite tugs-of-war between buyers and sellers
Macro 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

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SSI Daily Equity Market Call with Update on Vietnam trade and VLB

Market 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

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SSI Daily Equity Market Call with Update on personal income tax and TCB
Market Wrap: The VNIndex officially conquered the 1500pts threshold
Macro 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

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SSI Daily Equity Market Call with Update on banking sector and VNFIN Lead, VNDiamond index review
Market Wrap: Market corrected with good absorption
Macro Update: Circular 14/2025: A Dual Approach to Prudence and Growth
Equity Research Update: VNDiamond, VNFIN Lead Indices 3Q25 Review Results

22/07/2025

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SSI Daily Equity Market Call with Update on land policy reform and NT2
Market Wrap: Despite 3 attempts, the VNIndex still closed shy of record 1500pts threshold
Macro 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

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SSI Daily Equity Market Call with Update on market upgrade and FPT
Market Wrap: Uptrend secured on enthusiastic local investors’ sentiment
Macro 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

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SSI Daily Equity Market Call with Update on Vietnam growth target, gold policy and HPG
Market Wrap: Market’s upward trend solidified with firm rise of Financials and Realties
Macro 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

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SSI Daily Equity Market Call with Update on government initiatives on stalled projects, HSG and CTR

Market 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

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SSI Daily Equity Market Call with Update on secondary tariff and construction sector
Market Wrap: VN-Index climbed despite rising selling pressure
Macro Update: Tariff Developments and Vietnam–Russia Trade Overview
Equity Research Update: Vietnam Construction Sector: Positive Growth Momentum

15/07/2025

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SSI Daily Equity Market Call with Update on state budget revenue and Consumer Staples sector
Market Wrap: VN-Index accelerated, driven by large-cap stocks
Macro Update: Update on state budget revenue
Equity Research Update: Consumer Staples: Leading F&B companies-Now more affordable!

14/07/2025

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SSI Daily Equity Market Call with Update on new development in Vietnam market upgrade and transportation sector
Macro Update: Update on Payment Account Procedures for Foreign Investors
Equity Research Update: Vietnam Transportation Sector: Navigating a Bumpy Road Ahead

11/07/2025

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SSI Daily Equity Market Call with Update on tariff and retail sector
Market Wrap: VN-Index increased on strong inflows from foreign and retail investors
Macro Update: Key Tariff Adjustments and Trade Developments
Equity Research Update: Vietnam Retail Sector: Retail Reinvented: Consolidation and Growth Amid Regulatory Shifts

10/07/2025

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SSI Daily Equity Market Call with Update on exchange rate and IT & Telecom sector
Market Wrap: VN-Index extended rally on strong foreign inflows
Macro 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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