Daily Call

Market Focus: Vingroup weakness offset by broad-base market rebound

Macro Wrap: Update on Vietnam external position

Equity Research Update: FOX VN: 2026 AGM: Resiliency over global uncertainties; new growth cycle

Market Focus: Vingroup stocks continued to drive the VNIndex amid overall market softness

Macro Wrap: Update on Taxation Policy

Equity Research Update: SZC VN (Market Perform; TP VND 32,300): Earnings to Fall on Fewer Large Tenants; Cash Flow Steady

Market Focus: Vingroup led the VNIndex to re-conquer 1800pts

Macro Wrap: Accelerating the Resolution of Stalled Projects (Cont.)

Equity Research Update: MCH VN (Market Perform; TP VND 130,000): Resilient growth, but valuation appears full

Market Focus: Steel stock surged as the VNIndex tracked global rebounds on extended ceasefire hope

Macro Wrap: Policy-mix update

Equity Research Update: BSR VN: 2026 AGM: A key pillar in Vietnam petroleum supply

Market Focus: Vingroup stocks lifted the VNIndex up from US – Iran no-deal blue

Macro Wrap: Vietnam’s Policy Direction: From Strategic Design to Execution-Led Growth

Equity Research Update: VNDiamond 1Q26 review estimates

Market Focus: The market rebounded and maintained positive momentum throughout the session

Macro Wrap: Update on MoF press conference

Equity Research Update: POW VN (BUY; TP VND 16,000): Resilience Amid Middle East Tensions

Market Focus: Market wavered on fragile US – Iran ceasefire

Macro Wrap: Administrative Rate Anchoring Amid Liquidity Tightness

Equity Research Update: ACB VN (Outperform; TP VND 27,500): AGM 2026: Earnings rebound from low base

Market Focus: Vietnam equities soared as dual catalysts aligned

Macro Wrap: Review of Land Allocation for BT Contract Settlement in Ho Chi Minh City

Equity Research Update: VIB VN (Market Perform; TP VND 19,100): Earnings strong; funding and margin pressures linger

Market Focus: Market inched up on muted liquidity ahead of FTSE interim review outcome

Macro Wrap: Emerging Market Upgrade confirmed

Equity Research Update: Market Outlook Update

Market Focus: The VNIndex extended declines on idle trades

Macro Wrap: Inflation update

Equity Research Update: Vietnam Civil Aviation Regulation Update: Draft Decree on Civil Aviation Law on Air Transport

Market Focus: Market extended weakness on bleak war outlook

Macro Wrap: Vietnam Macro Update – Q1 2026 & Policy Signals

Equity Research Update: VHC VN (Outperform; TP VND 67,000): Clearer Waters Ahead

Market Focus: Market slumped following Trump’s disappointing address

Macro Wrap: Update on new Politburo resolution on growth model

Equity Research Update:

•           STB VN (Market Perform; TP VND 60,800): Restructuring Timeline Remains a Key Overhang

•           Steel Sector Policy Update: Preliminary wide-width HRC anti-dumping duty imposed

Market Focus: Market soared on hopes of Iran war nearing end

Macro Wrap: Steeper climb ahead

Equity Research Update: REE VN (Market Perform; TP VND 70,200): Long-Term Green Ambition, Short-Term Earnings Pressure

Market Focus: Local market exerted resilience despite tepid liquidity and ongoing foreign outflows

Macro Wrap: Hello April

Equity Research Update: SSI Select: Jasper5 Portfolio Update

Market Focus: Select commodity and value investment at play amid energy shock

Macro Wrap: Update on railway corporation and energy shock

Equity Research Update: Real Estate Sector Outlook: Confronting Multiple Challenges