Analysis Center

Reduced provisioning pressure will be the key driver for strong profit growth of VCB in 2022 For 2022, we expect VCB to maintain NIM at the same level as 2021 thanks to: (1) A sharp increase in interbank interest...

Strong Q1 macro figures set the stage for continued growth in 2022 Macro Outlook Overall, we expect the GDP growth for 2022 to range between 5.8% – 6.9%. Despite many concern of recent events which could slow our growth...

FPT Corporation (HSX: FPT) held the annual general meeting on April 7th, 2022. Here are some key points: 1Q2022 preliminary business results recorded ~26% YoY growth in revenue, to ~VND9,500bn, and 26-28% YoY growth in EBT, to VND1,700-1,800bn. FPT...

DAT XANH GROUP JSC (DXG VN)  We issue a Buy rating on DXG with a target price of VND56,550 given market recovery, land bank expansion and upgrade in selling prices 2021 Overview DXG posted a good result in 2021...

FPT CORPORATION (FPT VN) A BUY recommendation on FPT is maintained, underpinned by vivid growth projections for 2022. Target price: VND119,806/shr. FPT announced net revenue and EBT growth of 19.5% and 20.4% YoY, reaching VND35,657bn and VND6,337bn, respectively, in...

Where is the growth potential for Vietnam in 2022? 2021 was another challenging year for Vietnam in dealing with the fallout from the COVID-19 pandemic, especially during the 3rd quarter which saw stringent lockdowns to slow the spread of...