Research Center

Vietnam’s stock market is in a continuing correction phase. Even though corporate earnings for 2018 should be strong, lower valuation multiples might be the “new normal”. Vietnam’s stock market P/E has historically seen a strong inverse correlation with government bond…

Vietnam’s stock market is entering choppy waters after a stellar first quarter run. Progress on Vietnam’s path to an MSCI Emerging Markets upgrade is unlikely to be dramatic. Heavy-weighted large caps are skewing the market valuation multiples; a vast number…

Vietnam is one of the world’s most dynamic aviation markets, being the growth leader in the fastest growing region. Vietnam’s aviation boom is being driven by the confluence of four long-term structural trends. Trend 1: A surge in international tourist…

Rising global trade tensions, bubbly asset prices and sky-high levels of corporate leverage are bringing back global risk aversion. The sharp recent corrections and heightened volatility in global equity markets are reflections of the diminishing appetite for risk assets. Rising…

The sharp global market correction has ushered in a new era of volatility Before the Lunar New Year, a big bout of jitters in the global equity markets triggered by the specter of accelerating inflation in the US ushered in…