Research Center

The VN30 Index will be reviewed on Jan 2022 and be effective since 07 Feb 2022. We expect no changes to this VN30 index 1H22 review, based on our estimate. VN30 index lost its steam in 2021 As at 24…

After a pullback in 3Q21, we see the economy is entering a ‘new normal’,supported by high vaccination roll out and eventual reopening. We expect the VN-index to reach 1700-1750 pts in 2022; based on 16x-16.5x FY22F P/E and 23% yoy…

FTSE ETF (FTSE VN Index) and V.N.M ETF (MVIS VN Index) will announce their portfolio review on 3 Dec and 10 Dec 2021, respectively. We expect five new stocks to be added in FTSE VN Index and three in MVIS…

As at 03 Nov 2021, 717 listed companies on three bourses, representing 86% of market capitalisation, have released 3Q21 results. 3Q21 market aggregate earnings increased encouragingly 17.8% yoy despite stricter social distancing protocol to curb the daily cases. Earnings growth…

At as 27 Oct 2021, VN-INDEX closed at 1,423.02pts, setting all-time record high (+6.0% mtd, +28.9% ytd). Market sentiment has been more positive in this month, following the movement control relaxation in both Hanoi and HCMC. Notably, the possibility of…

Dear investors, Following the previous emails of 3Q21 earnings season tracking,  we would like to update the real-time results picture over three bourses HSX, HNX and UPCOM. to provide the sense of overall 3Q earnings picture, As at 27 Oct 2021, 310 listed companies, representing 21.9% of…

Dear investors, 3Q21 Earnings season has kicked off this week. In order to provide a sense of overall 3Q earnings picture, we start tracking the real-time result releases over three bourses HSX, HNX, and UPCOM. As at 21 Oct  2021, 162 listed companies,…

The VN-INDEX fluctuated in a narrow range within 1,316-1,366pts in Sep as market’s sentiment remained cautious after the warning of SSC about closely monitoring unusual transactions, along with fear of prolong 4th wave of COVID-19 infections Liquidity declined slightly in…

New VNDiamond index basket will be announced on 18 Oct 2021, which will come into effect on 01 Nov 2021. According to our estimates, LPB will be excluded from VNDiamond following the new rule and MWG, FPT will be strongly…

Market witnessed turbulence in Aug as VN-INDEX bounced back to 1370 level then corrected and closed the month at 1,328 (+1.4% mtd). Investor sentiment remains weak as longer and stricter nationwide lockdown protocols have been adopted. Liquidity rebound strongly in…