Analysis Center
08
May
Derivatives: Testing the all-time high
The uptrend remains intact, supported by confirmation from the rectangle pattern. Investors may consider reopening long positions and taking advantage of pullbacks to maximize returns.
08
May
Market commentary: Extending the upward momentum
The market recorded its third consecutive gaining session alongside improving liquidity, indicating that buying demand continued to dominate and cash flows were showing signs of returning more actively. Moreover, this...
07
May
QTP – Earnings review – [BUY] – 1Q25: Earnings remain stable
In 1Q26, revenue reached VND2,733bn, down 6% yoy (figure 1), mainly due to an estimated 15% decline in average selling prices despite an estimated 4% yoy increase in production (figure...
07
May
PLX – Earnings review – [HOLD] – 1Q26: Oil price volatility hit hard
Facts: Oil price volatility hit hard 1Q26 revenue reached VND98.7tn (+45% yoy, -2.1% qoq, ~110% of KIS forecast). The strong growth reflects (1) higher volumes: domestic (+20% yoy, +13.4% qoq,...
07
May
Derivatives: Breakout signal
The uptrend received confirmation through the rectangle pattern. Accordingly, traders may consider re-entering long positions and taking advantage of pullbacks to maximize returns.
07
May
Market commentary: Sustained buying demand
The market recorded a gaining session alongside improving liquidity, indicating that buying demand is gradually strengthening and cash flows are showing signs of returning. In addition, the short-term uptrend remains...
06
May
Apr 2026: Medium issuances led by Real Estate and Bank industries
In April, total value of bond issuance declined 20.1% yoy but rose 12.1% mom to VND38,235bn. The Real Estate issued VND13,776bn, -42.1% mom, and accounted for 36.0%. Major issuer was...
06
May
A promising start with solid earnings
TNG delivered strong 1Q26 results, with revenue rising 29.2% YoY, supported by robust order intake from EU clients. NPAT-MI increased 39.2% YoY, though this was largely driven by a one-off...
06
May
SBV maintains net liquidity injection as funding demand spikes
In 18W26, SBV maintains liquidity injections, albeit at a moderate level, to the banking system during holiday week. Specifically, interbank rates rise on short tenors due to increased funding demand...
Featured Analysis
Market commentary: Extending the upward momentum
QTP – Earnings review – [BUY] – 1Q25: Earnings remain stable
PLX – Earnings review – [HOLD] – 1Q26: Oil price volatility hit hard
Derivatives: Breakout signal
Market commentary: Sustained buying demand
Apr 2026: Medium issuances led by Real Estate and Bank industries
A promising start with solid earnings
