Analysis Center

CIRCULAR 50/2026 REPLACES CIRCULAR 22/2019: MORE RELAXED THAN THE PREVIOUS DRAFT On 30 September 2026, the State Bank of Vietnam (SBV) issued Circular 50/2026, replacing Circular 22/2019 on prudential limits and ratios in banking operations, effective from December 2026....

The company reinforced its outstanding growth stream on the back of Long Chau (LC)’s ongoing scale-up and profit increase while the ICT chain has little voice because of negligible and volatile profit. We revise our EAT projection for 2026...

GMD reported strong 1H2026 earnings, driven by higher port throughput and service rates, alongside a one-off gain from the equity swap transaction with CJ. We expect the growth outlook to remain supported by rising production and export demand, Gemalink...

PNJ stock hitting the ceiling on Friday may have been driven by news confirming that the company is fully compliant with legal regulations governing diamond imports, while diamonds under investigation were not distributed through PNJ’s network. The investigators’ confirmation...

Following the legal incident in May 2026, PC1 appointed additional members to its management team at an Meeting of Shareholders in Jul 2026 in an effort to stabilize its business operations. With a carry-over backlog of VND4,780 bn for...

MOBILE WORLD INVESTMENT CORP (MWG VN) The company sustained outstanding growth on the back of margin expansion in the ICT chains and BHX’s ongoing scale-up and earnings growth. We revise our NPATMI projection for 2026 up by 13% to...