Market strategy – Assessment the mixed impact of geopolitical tensions on economic sectors
- We weight the mixed impact of Russia sanctions and the commodities prices hike on Vietnam economic sectors.
- Sectors which likely benefit from commodities prices hike include oil & gas, steel export producers and fertilizer, in our view.
- On the other hand, we see slight negative impact to edible oil, animal feed producers and air tourism.
Please follow this link for the full report
You Might Be Interested
Strategy Note
623
We believe that the main growth driver for Vietnam’s economy in 2H23 will mainly come from the government’s economic support policies. Therefore, Vietnam’s key investment topics in the second half of 2023 will be closely related to an easing monetary…
Strategy Note
430
In May 25, the SBV decided to reduce some policy rates such as the refinancing rate (down 0.5% points), the ceiling deposit interest rate for 1-month to 6-month term (down by 0.5% points),.. The 12-month deposit interest rates of commercial…
Strategy Note
393
VN-INDEX closed at 1,064.6pts (+1.5% mtd, +5.7% ytd) on May 25 2023. We believe the market’s rally was supported by: A series of supportive policies issued by the Government and the State Bank of Vietnam (SBV) recently have solved some…
VI
EN
JA
ZH
