Lam Nguyen

We remain positive on Vietnam equities in the long term due to the following structural catalysts: better domestic demand, companies’ earnings prospect, economic activities and FDI inflows on the back of broader economic reopening and fiscal stimulus...

The Russia-Ukraine war and US and European sanctions on Russia have raised concerns about the risk of a global supply chain disruption, especially since Russia and Ukraine are two major exporting countries in terms of metal products, fertilisers, agr...

The fourth wave of Covid-19 has severely impacted Vietnam's economic growth, especially in Q3 21. Monetary policies indicate that interest rates will be moving higher but there are divergences. This is according to Rong Viet's scenario of a 17% EPS g...

In November, we expect the market to continue its upward trajectory thanks to the clearer resumption of economic activities in Q4 21 with the government’s support package being the main driving force to enhance market movement. We predict the VN Inde...

The outperformance of smaller market cap stocks compared with the returns on VN Index in July was generally in line with our expectations. We expect this attractive valuation level to be supportive of a continued rally in H2 21 considering a 33% yoy ...

The market will move into a "quiet period" once Q1 21 business results are fully released. Meanwhile, April CPI decreased by 0.04% mom, and increased by only 0.89% in 4M 21, indicating that inflationary pressure is not something to worry about yet an...