Daily Call

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Daily Call
SSI Daily Equity Market Call with Update on state budget and GAS

Market Wrap: Energy and Utilities rose amid market correction

Macro Update: Update on state budget

Equity Research Update: GAS VN (Market Perform; TP VND 71,400): GAS entered agreements in US to serve the long-term LNG supply for Vietnam

18/03/2025

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SSI Daily Equity Market Call with Update on Provincial Empowerment, VNDiamond and VN30 Index 2Q25 review estimates, ETF 1Q25 review results and VHM

Market Wrap: VNIndex closed at day’s high with Banks and Realties as engines

Macro Update: Provincial Empowerment

Equity Research Update:

  • VHM VN: Vinhomes Wonder City - Hanoi Officially Launched on March 10, 2025
  • VNDiamond and VN30 Index 2Q25 review estimates
  • Marketvector Vietnam 1Q25 review results

17/03/2025

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SSI Daily Equity Market Call with Update on Vietnam-U.s meetings & consolidation of administrative units, ACV and Vinfast

Market Wrap: Big caps continued to support the VNIndex

Macro Update: Update on Vietnam-U.s meetings & consolidation of administrative units

Equity Research Update:

ACV VN (BUY; TP VND 130,000): Commentary on Transfer of Airport Security Segment

VinFast: 2M25 deliveries

14/03/2025

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SSI Daily Equity Market Call with Update on KRX and revised decree for Securities Laws implementation and HAH

Market Wrap: Market finally corrected following 5 consecutive gaining sessions

Macro Update: Update on KRX and revised decree for Securities Laws implementation

Equity Research Update: HAH VN (BUY; TP VND 56,600): Earnings Peak Still Ahead

13/03/2025

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SSI Daily Equity Market Call with Update on Administrative Unit Reform and GMD

Market Wrap: The VNIndex recorded gains on hikes of a few pillar caps

Macro Update: Update on Administrative Unit Reform

Equity Research Update: GMD VN: Analyst Meeting Note

12/03/2025

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SSI Daily Equity Market Call with Update on Vietnam Market Upgrade and KBC

Market Wrap: Market showed resilience with correction windows deemed as opportunity to buy-in

Macro Update: Vietnam Market Upgrade: KRX Takes Charge of Transformation

Equity Research Update: KBC VN (BUY; TP VND 37,500): EGM 2025 approves ambitious growth for 2025

11/03/2025

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SSI Daily Equity Market Call with Update on cabinet meeting resolution, FTSE Vietnam Index 1Q25 review results and FRT

Market Wrap: Market exerted resilience despite accelerated profit-taking pressure

Macro Update: Update on cabinet meeting resolution

Equity Research Update:

  • FTSE Vietnam Index: 1Q 2025 review results
  • FRT VN (Outperform; TP VND 220,000): Long Chau capital raising catalyst ahead

10/03/2025

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SSI Daily Equity Market Call with Update on inflation and PLX, POW, CTG
Market Wrap: Resi Realties and Banks drove further rally
Macro Update: Update on inflation
Equity Research Update:
  • PLX VN (Market Perform; TP VND 45,000): Pending the finalization of the Decree on Petroleum Business
  • POW VN (Market Perform; TP VND 12,200): Long-term LNG supply agreement to benefit Nhon Trach 3&4 project over the long-term
  • CTG VN (BUY; TP VND 49,100): Charming Top Gem

07/03/2025

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SSI Daily Equity Market Call with Update on February macro data, rate cut and VIB

Market Wrap: The market pulled a strong rally, fuelled by rumors of OMO rate cut

Macro Update: February macro data and rate cut

Equity Research Update: [Flash Note] VIB VN (Market Perform; TP VND 21,100): Updates on huge block transaction

06/03/2025

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SSI Daily Equity Market Call with Update on February Cabinet Meeting, REE and TNH

Market Wrap: A corrective session following weeks of well hold-up

Macro Update: Update on February Cabinet Meeting

Equity Research Update:

•           REE VN (Market Perform; TP VND 80,000): Favorable weather conditions for hydropower with a long-term focus on renewables

•           TNH VN (Market Perform; TP VND 23,000): Analyst meeting Flash Note

05/03/2025

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SSI Daily Equity Market Call with Update on government action over tariff risks and Vietnam ETFs 1Q25 review estimates

Market Wrap: Banks rose supporting a very resilient stock market

Macro Update: Update on government action over tariff risks

Equity Research Update: Vietnam ETFs 1Q25 review estimates

04/03/2025

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SSI Daily Equity Market Call with Update on institutional reform and Proposed Amendments to the Law on Credit Institutions

Market Wrap: The market maintained firm upward momentum disregarding BCG’s unfavorable news

Macro Update: Reform, Reform, Reform

Equity Research Update: Update on the Proposed Amendments to the Law on Credit Institutions

03/03/2025

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SSI Daily Equity Market Call with Update on Party resolution and REE

Market Wrap: The VNIndex continued to show great resilience regardless of staggering foreign net sells

Macro Update: Update on Party resolution

Equity Research Update: REE VN: 2024 Recap: Weak performance of the hydropower portfolio was the main cause of YoY earnings decline

28/02/2025

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SSI Daily Equity Market Call with Update on Vietnam market upgrade and Steel sector
Market Wrap: The market is making clearer breakthrough away from 3-year peak
Macro Update: Update on Vietnam market upgrade
Equity Research Update: Steel sector update: New development on AD duty investigation on imported galvanized steel from China and South Korea

27/02/2025

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SSI Daily Equity Market Call with Update on Vietnam January data and MWG

Market Wrap: Volume dropped as 1300pts threshold was maintained

Macro Update: Thoughts on GDP on Q1, 2025

Equity Research Update:

MWG VN (BUY; TP VND 73,000): Maintaining earnings growth amid slow consumption recovery

26/02/2025

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