One of the major drivers of fintechs' success over the past decade has been their ability to provide their clients with innovative and quality products, but customers still feel that there is room for improvement in some areas. Our survey of 900 cons...

VCB maintained its growth momentum in Q1 22 with moderate earnings results (15% yoy), driven by robust net interest income and net profit margin. Non-interest income was impacted by the bancassurance fee bonus, zero transaction fee package and high c...

Significant growth in NPATMI in 1Q2022. Throughput in April and May declined slightly, but we expect it to grow from June this year. We raise our target price for GMD to VND65,700 and recommend Accumulate.

After posting positive results in 2021, BFC announced Q1 22 earnings with growth of 46.8% and 19.3% in net revenue and NPATMI, respectively. However, revenue growth came from a higher ASP while sales volume fell 15.1% in Q1 22. BFC maintained huge in...

Weekly summary of Vermilion's global technical equity strategy calls, including sector weightings, from both a top down and bottoms up perspective.  

The post-pandemic economic bounce-back has generated labour shortages in many sectors of the economy; we are seeing record-low unemployment and high vacancy rates in several markets, and companies are being forced to raise salaries in the war for tal...