Vietnam Stock Market daily: We forecast Sabeco will record FY2013 revenues of VND27,750 billion (up 8% y/y), net profit of VND2,510 billion (+1.2% y/y) and thus generate an EPS is VND3,914/share. Read More »
Vietnam Stock Market daily: Our thesis however continues to be that the market is unlikely to break above 510-520 on the VN index for the time being although we do expect it to do so sometime in the 2-H. Read More »
Vietnam Stock Market daily: The SBV has published Decree 53 effective from Jul 09, 2013 authorising the set up of the Vietnam Asset Management Company (VAMC). Read More »
Vietnam Stock Market daily: Today’s move to the upside was mainly due to local buying interest with the National Assembly session underway since yesterday and creating a certain wave of expectation. Read More »
Vietnam Stock Market daily: There are increasing signs that the implementation Circular 02; which replaces Decision 780 (both related to NPL classification & provisioning) will be postponed. Read More »
Vietnam Stock Market daily: The media overnight has provided a few more details on the likely terms of the VAMC draft proposal which is likely to be signed soon. Read More »
We keep our HOLD recommendation for CTG and reiterate Outperform for MSN. Read More »
Vietnam stock market daily: The State Bank of Vietnam (SBV) has officially signed a circular, providing support for the commercial affordable housing & social housing markets Read More »
Vietnam Stock Market daily: Vinasun (VNS-OUTPERFORM) has announced a plan to issue bonus share at a ratio of 100:35. Read More »
Vietnam Stock Market daily: The PM has once again highlighted over the weekend his intention to sign the decree authorizing the setup of the VAMC imminently. Read More »