Analysis Center

• Derivative
  • Covered warrants
  • Derivatives
• Investment strategy
  • Chart of the day
  • ETF Review
  • Fund flow
  • Market commentary
  • Market trader
• Macro
  • Economic indicators
  • Economic perspectives
  • Fixed income
  • Macro flash
• Sector and company
  • Company report
  • Sector report
• Strategic Report
• Transaction data
  • Business data
  • Market data

09

August

Strategic Insight: Uptrend remains intact

Vietnam faces near-term export pressure from the U.S.’s 20% retaliatory tariff but retains a long-term advantage over India and China, potentially boosting market share and FDI. Domestically, strong liquidity sustains...

Report (59)

08

August

PVD – Earnings Review – [BUY] – 2Q25: Recovery comes early

2Q25 revenue upped 8% yoy to VND2.4tn, with gross profit (GP) growing 11% yoy to VND520bn. Gross margin (GPM) saw a solid recovery to 21.4% (+3.4%p qoq, +0.2%p yoy). 2Q25...

Report (31)

08

August

Derivatives: Uptrend maintained

Given the current signals, the contract remains in an uptrend. Therefore, traders may consider reopening long positions.

Report (52)

08

August

Market commentary: Diverging movements

The market continued its upward momentum with the fourth consecutive gaining session, reflecting ongoing proactive buying demand. Furthermore, the consistent formation of higher price bases by the index further reinforces...

Report (50)

07

August

Securities – Note – [NONRATED] – Strong 2Q25 earnings driven by a robust market

2Q25 total operating income increased 23.3% yoy, +34.7% qoq driven by rising investment income (+39.9% yoy, +42.9% qoq) and lending income (+24.3% yoy, +12.1% qoq). Margin loan balance hit the...

Report (24)

07

August

Jul 2025: Lower issuances, higher maturity pressure

In Jul 2025 the total bond issuance dropped to VND43,303bn (Fig. 1), +6% yoy and -65% mom Corporate bond maturities in August are projected to reach VND35,752bn, +433% yoy

Report (46)

07

August

PLX – Earnings review – [BUY] – 2Q25: Foreign trading saved the day

PLX’s 2Q25 consolidated revenue grew 5% yoy to VND77.1tn (119% of our forecast). Gross profit surprisingly grew 11% yoy to VND5.1tn (156% of our forecast), with gross margin expanding to...

Report (30)

07

August

Derivatives: New high formed

Given the current signals, the contract continues to maintain its upward trend. Therefore, traders may consider reopening long positions.

Report (54)

07

August

Market commentary: Forming a new peak

The market continued to form new peaks, signaling a sustained uptrend. However, liquidity showed signs of cooling, indicating that caution remained in investor sentiment. In this context, investors may consider...

Report (51)