Reports - Acbs

3:02:31 CH - 05/06/2026

Macro Update – May 2026: MANUFACTURING REBOUNDS AMID MARGIN COMPRESSION AND TARIFF RISKS

Vietnamese macroeconomic data for May 2026 reveals sustained growth momentum, though divergences are increasingly apparent beneath the robust headline figures. Industrial production, foreign direct investment (FDI) inflows, inbound tourism, and accelerated public investment continue to serve as the economy’s...

View now

ETF report Portfolio Forecast Vaneck and Xtrackers Fund Q1.2026

Strategy & Macro Reports

11:23:35 SA - 05/06/2026

ETF report Portfolio Forecast Vaneck and Xtrackers Fund Q1.2026

MarketVector and STOXX will officially announce the results of their Q2 2026 reviews of the Vietnam Local Index and the STOXX Vietnam Total Market Liquid Index on June 13, 2026, with the changes taking effect on June 22, 2026....

View now

Industry & Corporate Reports

3:54:05 CH - 01/06/2026

TLG Update – OUTPERFORM

Although the company reported stunning EAT growth of 48% YoY driven by a strong sales jump and heightened gross margin in 1Q2026, we revise 2026 EAT projection down by 15% considering potential margin compression in 4Q2026 in view of...

View now

Banking sector 2026F – Growth slows down

Industry & Corporate Reports

10:01:36 SA - 01/06/2026

Banking sector 2026F – Growth slows down

Q1/26 earnings of the banking sector remained resilient despite macro volatility. Specifically: – Q1/26 PBT of 27 listed banks grew 14.2% y/y and declined 3.1% q/q. Banks under our coverage delivered stronger growth of 24.9% y/y, supported by solid...

View now

Industry & Corporate Reports

9:37:16 SA - 01/06/2026

GMD Update – NEUTRAL

Gemadept reported strong Q1/2026 results, with NPAT reaching VND650 billion (+23.2% YoY), fulfilling 26% of the company full-year target and 25% of ACBS’s forecast. FY2026 NPAT is expected to maintain solid growth of 15.5% YoY, supported by higher handling...

View now

Industry & Corporate Reports

4:29:06 CH - 29/05/2026

Oil & Gas Sector Report_2H.2026

In 2026, high crude oil prices due to the Middle East conflict are expected to have a divergent impact on the domestic oil and gas industry: The high oil prices caused by the Middle East conflict have had a...

View now

Value	KBC	GMD
Total Return	26.44%	4.07%
Profit rate	24.75%	1.18%
Current price	29,500 VND	76,200 VND
Target Price	36,800 VND	77,100 VND

Analysis Reports

Recommended for you

Start your investment journey today with ACBS!