Daily Call

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Daily Call
SSI Daily Equity Market Call with Update on cabinet meeting and F88 listing
Market Wrap: Bullish momentum sustained, heading for 1600pts threshold
Macro Update: Update on cabinet meeting
Equity Research Update: F88 Investment Joint Stock Company (F88): Listing Overview and Investment Highlights

08/08/2025

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SSI Daily Equity Market Call with Update on July macro data, FPT and GAS
Market Wrap: Sharp uptrend sustained, driven by Material, Financial and Energy stocks
Macro Update: Vietnam Macro & Inflation Update – July 2025
Equity Research Update:
FPT VN (Outperform; TP VND 124,200): Pullback presents opportunity: upgrading to OUTPERFORM
GAS VN (Market Perform; TP VND 71,900): Short-term spark, medium-term caution

07/08/2025

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SSI Daily Equity Market Call with Update on July macro data and HPG
Market Wrap: Profit-taking pressure emerges in afternoon trade
Macro Update: Vietnam Macro Update – July 2025: Retail Sales in Focus Amid Strong Investment Momentum and Benign Inflation
Equity Research Update: HPG VN (BUY; TP VND 33,000): Growth after growth

06/08/2025

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SSI Daily Equity Market Call with Update on monetary policy and DCM
Market Wrap: Positive local sentiment pushed for market’s impressive rebound
Macro Update: Update on central bank meeting with commercial bank: Balancing act as lower lending rates should meet stable currency
Equity Research Update: DCM VN (Outperform; TP VND 42,400): Margin expansion driven by stronger urea prices and VAT-related cost savings

05/08/2025

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SSI Daily Equity Market Call with Update on reciprocal tariff and CTR
Market Wrap: Correction momentum extended on intense foreign profit-taking
Macro Update: Reciprocal Tariff Update: What stands in the way becomes the way
Equity Research Update: CTR VN (Outperform; TP VND 108,000): Solid earnings amid bts rollout lag – Rating upgraded to OUTPERFORM

04/08/2025

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SSI Daily Equity Market Call with Update on credit growth, personal income tax, TAL

Macro Update: More Credit Helps, Capital Market Reform Helps More

Equity Research Update: TAL VN: Unlocking Competitive Advantage from a Strategic Landbank

01/08/2025

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SSI Daily Equity Market Call with Update on corporate income tax and IMP
Market Wrap: Supported by foreign inflows, the VNIndex sustained the 1500pts threshold
Macro Update: Draft Decree on Corporate Income Tax Incentives
Equity Research Update: IMP VN (Outperform; TP VND 58,000): Prescription for Growth

31/07/2025

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SSI Daily Equity Market Call with Update on Land Laws revision and VRE

Market Wrap: Market’s flash crash after historical high session

Macro Update: Update on Land Laws revision

Equity Research Update: VRE VN: 2Q25 Business Results Overview

30/07/2025

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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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