Daily Call

Market wrap: Local benchmarks diverge from regional peers amid trade deal development

Macro wrap:  Update on Vietnam GDP recalculation

Equity wrap: Update on 4Q19 Vietnam ETFs review

Market wrap: Vietnam equities follow regional peers higher

Macro wrap:  Update on Vietnam trade data in November

Equity wrap: Update on banking sector

Market wrap: VN-index edges up amid muted liquidity

Macro wrap:  Update on Land Laws revision

Equity wrap: HCM VN: 9M 2019 earnings result: Operational contraction across all business lines

Market wrap: Vietnam shares tumble when trade concerns arise

Macro wrap:  Update on the proposal on petroleum product trading regulations

Equity wrap: VCI VN: 9M2019 earnings result: Prop trade business compensates for the decline in securities services

Market wrap: VN-index ticks up on blue-chips rise

Macro wrap:  Update on Vietnam-US trade relation

Equity wrap: FRT VN (Market Perform; TP VND 31,800): Poor October earnings due to industry contraction and provision for bad debt

Market wrap: Vietnam equities are little changed on Friday

Macro wrap:  Update on SOE equitization

Equity wrap: HBC VN: 9M results vs. Share repurchase releases

Market wrap: Local share dips on locking profit pressure

Macro wrap:  Update on Vietnam key economic regions

Equity wrap: HSG VN (Outperform, TP VND 9,000): Stabilization in profit margin coupled with safer debt levels

Market wrap: VN-index jump despite the escalated tension on trade war

Macro wrap:  Update on Vietnam’s presence among MSCI Frontier Market indexes

Equity wrap: MSH VN (Outperform, TP VND 64,000): 3Q19 results: Stronger growth expected from 2Q 2020

Market wrap: Trade jitters continue to weigh on investors

Macro wrap: Update on supporting policy for automobile sector

Equity wrap: MSN VN: Update on MML listing plan and VIC-MSN deal

Market wrap: VN-Index lags far behind despite the regional rallies

Macro wrap:  Update on the interest expense cap for related party transactions

Equity wrap: BVH VN (Outperform, TP VND 85,130): Life insurance accounting profit rebound in 9M2019

Market wrap: VN-index closes higher on blue-chip recovery

Macro wrap:  Vietnam Macro Update

Equity wrap: PVT VN (Market Perform; TP VND 19,200): 9M19 results: Large capital expenditure in sight

Market wrap: VN-index plunges ahead of the rising concerns over phase one trade deal

Macro wrap:  Trade war revisited

Equity wrap: CTG VN: 9M19 results: Better-than-expected earnings despite heavy provisioning costs

Market wrap: Vietnam equities edge higher despite outweighed laggards

Macro wrap:  Update on Vietnam public debt

Equity wrap: NVL VN: 9M19 results: Barely achieved half of 2019 target, characteristic of lower financial income

Market wrap: Local shares manage to close in green amid ETF rebalancing activities

Macro wrap:  Update on interest rate

Equity wrap: MWG VN (BUY, TP VND: 160,300): 10M19 financial results in line with our estimate

Market wrap: Stocks narrow down the loss at the closing

Macro wrap:  Update on November FDI

Equity wrap: ANV VN: Outstanding results vs. industry thanks to a diversified export market