Sales are expected at US$545m for the quarter, up by 34% YoY and 20% QoQ (Bt17bn, up by 38% YoY and 18% QoQ in baht terms), with growth across most product categories (particularly related to EV cars, up 200% QoQ). Sales of high-end data center produ...

The low-interest rate environment along with a series of macro indicators starting to turn more positive have helped the Vietnamese stock market to extend the rally in September. Q3 20 business results of listed companies will be announced gradually...

Deceleration in recovery trend—indicator of a new normal? After swift MoM rebounds in use of public transport in both June and July, the Aug numbers indicated a slowing recovery. MRT’s mean daily ridership rose to 288k trips in Aug, up 14% MoM (up by...

Vietnam's stock market increased sharply in August and became one of the best markets in the world as the VNIndex increased by 10.4% m/m. However, we believe that the recent uptick of the market is not sustainable when, based on our observations, the...

With the second wave of the coronavirus pandemic, economic recovery will take longer than we expected because of weaker domestic consumption. Average liquidity from the start of the second wave until now was only VND4,200bn, fading out in the past fe...

Nitrogen Fertilizer producers are ramping up capacity utilization in an attempt to offset weak urea prices with the outlook still uncertain. Petrochemicals have fared worse than their Agrochemical peers, as they have been enduring so far an unprecede...