Daily Call

Market Focus: Bond violations sparked market-wide sell-off

Macro Watch: A decline without clear catalyst

Equity Research Update: Vietnam Brokerage sector update: Triple Last Year. Double Last Quarter. Brokers Are on a Roll!

Notable Events: National Assembly's last meeting in 2025 (Oct 20 to Dec 11).

Techcom Securities (TCX) will debut on the Ho Chi Minh Stock Exchange (HOSE) today, with a reference price set at VND 46,800 per share.

Market Focus: Vingroup-led declines pulled the VNIndex down 2.02% to 1,731.19 points amid renewed foreign net selling.

Macro Watch: Market pullback followed by concerns over trade-war, investigation on corporate bond issuance, but the movement in FX market has drawn attention.

Equity Research Update: BMP VN: Healthy low season growth, and record earnings backed by cost relief

Notable Event: On October 21, Techcom Securities (TCX) will debut on the Ho Chi Minh Stock Exchange (HOSE), with a reference price set at VND 46,800 per share.

Market Wrap: Mid-cap rally driven by 3Q25 earnings expectations

Macro Update: Apple Accelerates Smart Home Manufacturing Shift to Vietnam

Equity Research Update: VN30 4Q25 Index Review Results and Xtrackers Vietnam Swap UCITS ETF Update

Market Wrap: Sectors diverged with correction pressure still weighing on the market

Macro Update: Vietnam Gold Exchange – Policy Momentum Builds Toward Formalization

Equity Research Update: Vietnam Residential Property Sector: Recovery with Robust Launch Pipeline

Market Wrap: Late selling pressure halts VNIndex momentum

Macro Update: National Assembly’s Final Session of 2025 – Strategic Legislation in Focus

Equity Research Update: VPB VN: Earnings Beat: A Catalyst-Ready Story

Market Wrap: Local market sustained positive momentum amid US-China tension

Macro Update: Vietnam 2025–2030: From Catch-Up to Creation

Equity Research Update: Power Sector Update: Trial Implementation of Two-Component Electricity Pricing Mechanism

Market Wrap: Market sustained positivity even after market upgrade catalyst realized

Macro Update: Update on the new US tariff threat on China

Equity Research Update: ANV VN: Site Visit and Analyst Meeting Summary

Market Wrap: The VNIndex surpassed 1700pts threshold, driven by Vingroup family stocks

Macro Update: Vietnam 2026 Macro Outlook: Early Harvest from Institutional Reform

Equity Research Update: Vietnam 2026 Banking Sector Outlook: From Credit Quotas to Credit Quality

Market Wrap: Historic upgrade: Vietnam market joins FTSE Emerging ranks with broad sector rally

Macro Update: Update on Market Upgrade

Equity Research Update: 2026 Strategy Note: Riding beyond the upgrade

Market Wrap: Market cautious ahead of FTSE’s market reclassification decision

Macro & Equity Research Update : Vietnam’s FTSE Russell Market Upgrade to Emerging Market: A Strategic Milestone in Capital Market Development

Market Wrap: Confidence on FTSE market upgrade renewed

Macro Update: Update on Property sector

Equity Research Update: VNDiamond 4Q25 review estimates

Market Wrap: Market held breath ahead of FTSE market reclassification announcement

Macro Update: Vietnam Economy in Q3 2025 – Solid but Not Easy Toward the Finish Line

Equity Research Update: Update on FTSE market upgrade and GEM5

Market Wrap: Market slips as foreign selling persists and sentiment weakens

Macro Update: Update on cabinet meeting

Equity Research Update: Power Sector 2026 Outlook: Structural Reforms Critical to Securing Vietnam’s Energy and Economic Future

Market Wrap: Sector strength vs. Vingroup drag: the VNIndex posted modest gains

Macro Update: Vietnam’s Draft Five-Year Strategy: Revitalizing Growth Drivers and Expanding New Frontiers

Equity Research Update: Industrial Parks Sector 2026 Outlook

Market Wrap: VNIndex Holds Ground thanks to conglomerate stocks and afternoon recovery

Macro Update: Hello October

Equity Research Update: VIC VN: Grounded Growth, Electric Potential