Analysis Reports

FPT has just held its AGM with key notes as follows: 2026 net revenue was set at VND58,580bn (+15.8% on a like-for-like basis) and EBT at VND11,629bn (+15% on a like-for-like basis), given changes in recognizing FPT Telecom (FOX)....

MSR held annual general meeting on April 16, 2026, with the following main agenda items:  2026 Performance: Q1.2026 Business results In Q1.2026, MSR estimates net revenue of approximately VND 2,993 billion (2.15 times yoy), and net profit after tax...

The two-week ceasefire between the US-Israel and Iran offers a temporary reprieve rather than a durable resolution, given the structural gap in bilateral demands. Over 45 days of hostilities have severely damaged Middle Eastern oil infrastructure, likely anchoring crude...

BSR held annual general meeting on April 13, 2026, with the following main agenda items: 2026 Business Plan: BSR estimates impressive growth in Q1 2026 business results, mainly due to favorable crack spreads stemming from geopolitical tensions in the...

Becamex Infrastructure Development JSC (IJC VN) 2026 Business Plan: IJC has set a cautious business plan for 2026, targeting consolidated revenue of VND2,454 bn (+36% YoY) and net profit of VND541 bn (-9% YoY). During the year, the company...

We raise our 1-year target price by 13.4% to VND 30,000/share and maintain our OUTPERFORM recommendation, mainly due to increasing our 2026 earnings forecast by 12.3%. Our target price is based on a target P/E of 7.0x – equivalent...