Strategy Note /
Vietnam

Vietnam Strategy: August 2021 – Picking a safe haven at a time of uncertainty

  • Robust Q2 21 earnings growth and the market downturn have driven valuations to more attractive levels

  • We expect this attractive valuation level to be supportive of a continued rally in H2 21

  • We forecast a 33% yoy growth in earnings from the stocks that we cover, which consists of 45 stocks listed on HSX

Lam Nguyen
Lam Nguyen

Banking, Market Strat

Contributors
Tung Do
Kiet Tran
Rong Viet
10 August 2021
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