Analysis Center

Saigon Beer – Alcohol – Beverage Corporation (SAB VN) To recover in 2022 from COVID-19 negative effects – Maintain HOLD – Target Price: 151,247VND/share SAB announced its unaudited 2021 results with a top line of VND 26,373 bn (-5.7%...

KHANG DIEN HOUSE TRADING AND INVESTMENT JSC (KDH VN) Increase target price by 45% to VND62,870 and upgrade to Buy thanks to revaluation of projects in Binh Tan and Binh Chanh districts of Ho Chi Minh City Business result...

MOBILE WORLD INVESTMENT CORP (MWG VN) The company closed 2021 with decent growth despite the resurgence of COVID-19. Better momentum is expected for 2022 based on the assumption that operational interruption will not repeat. MWG will continue to enhance...

VINH HOAN CORPORATION JSC (VHC VN) Great advantage from current raw material price hike No significant impact from raw material price hike and strong barganing power to increase ASP. 0% anti-dumping tax and expected higher ASP from pollock –...

NAM LONG INVESTMENT CORPORATION (NLG VN) Increase target price by 18% to VND56,597 thanks to revaluation of key projects and change our rating from Buy to Hold as the stock price has nearly reflected its growth in 2022.  NLG...

January in Brief Most macro indicators slowed in the month ahead of the Lunar New Year festival. Industrial production index declined by 3.1% compared with December but grew 2.4% over last year, while the Markit PMI remained in expansionary...