Daily Call

Market wrap: VN-Index extends the correction on weakened liquidity

Macro wrap: Update on Vietnam stock market status

Equity wrap: Draft Revision of the Insurance Law

Market wrap: Main bourse struggles at closing despite financials boost

Macro wrap: Update on Circular 14/2021/TT-NHNN: An amendment of Circular 01 and 03 on loan rescheduling scheme by SBV

Equity wrap: LPB VN (Non-Rating): Great improvement in earnings results but more disclosure needed 

Market wrap: Bourses extend gain, inflows remain among mid-small caps

Macro wrap: Update on the August Government meeting

Equity wrap: MSB VN (Market Perform; TP VND 29,600): Stellar earnings yet asset quality needs improving

Market wrap: Heavy blue-chips’ selloffs weigh on the bourses prior to the holiday

Macro wrap: Update on reopening plan

Equity wrap: HAH VN (BUY; TP VND 78,400): Aggressive expansion through 2024

Market wrap: Bourses slip into green despite the latter session’s hit

Macro wrap: Update on the Covid situation

Equity wrap: PC1 VN (Market Perform; TP VND 32,900): Update on audited 1H2021 results

Market wrap: Bottom fishing on key sectors boosts the main bourse upward

Macro wrap: Update on the Vietnam population demographic

Equity wrap: HT1 VN (Underperform; TP VND 17,600): Earnings to be hit by Covid-19 significantly in 3Q21 before recovering positively in 2022

Market wrap: Both bourses recover, triggered by bargain hunting

Macro wrap: Update on August macro data

Equity wrap: MWG VN (Outperform; TP VND 130,000): BHX to cushion earnings decline amid pandemic resurgence

Market wrap: Main bourse tumbles on prudent liquidity

Macro wrap: Update on Vietnam FDI

Equity wrap: PVT VN (Market Perform; TP VND 22,400): 1H 2021 update – Bleaker short-term outlook as COVID-19 reigns

Market wrap: Bottom-fishing brings both bourses into green

Macro wrap: Update on price controls for the remaining months of 2021

Equity wrap: PNJ VN (Outperform; TP VND 101,300): 7M21 Update: Unlikely to meet targets

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