Research Center

As at 2 Nov 2020, 709 listed companies on three bourses, representing 41% of the total stocks and 87% of market capitalisation, had released 3Q20 results. 3Q20 aggregate earnings edged down 2.7% yoy, much better than the declines of 27.7%…

ETF VFMVN Diamond’s fund size has expanded robustly by 23 times since its first trading on Ho Chi Minh Stock Exchange (HOSE) on 12 May 2020, reaching a net assets value (NAV) of VND2,352bn on 6 Oct 2020. N Diamond…

Vietnam likely to become the largest constituent in the MSCI Frontier Markets Index in Nov 2020 Semi-Annual Index Review. Vietnam’s stock market could be added to Watchlist for reclassification from Frontier Market (FM) status to Emerging Market status in May…

FTSE ETF (FTSE VN Index) and V.N.M ETF (MVIS VN index) will announce their portfolio review on 4 Sep and 11 Sep 2020, respectively. GEX may be added to FTSE VN ETF’s portfolio, while the V.N.M portfolio would have no…

As at 31 Jul 2020, 794 listed companies on three bourses, representing 45.6% of the total stocks and 90% of market capitalisation, have released 2Q20 results. Revenue decreased 10.9% yoy while aggregate earnings declined 9.1% yoy in 2Q20. In our…

The Ho Chi Minh Stock Exchange (HOSE) will conduct periodic review of the HOSE-Index, including the VN30 Index, to change portfolios this month. It is expected to publish a new index basket on 20 Jul 2020, which will come into…

On 8 Jun, the National Assembly of Vietnam ratified the EU-Vietnam Free Trade Agreement (EVFTA) and the EU-Vietnam Investment Protection Agreement (EVIPA). The EVFTA is expected to officially enter into force on 1 Aug 2020. The EVFTA and EVIPA are…

FTSE ETF (FTSE Vietnam Index) and V.N.M ETF (MVIS Vietnam index) will announce their results of portfolio review on 5 Jun and 12 Jun 2020, respectively The two ETFs, which are managing NAV of US$326.5bn (V.N.M ETF) and US$224.9bn (FTSE…

We believe public investment will accelerate earlier than expected in order to boost economic growth amid the slowdown of other growth engines. The North-South expressway projects will return to center stage in 2H20F. We believe the suppliers of construction materials,…

MSCI postpones upgrading the MSCI Kuwait Indexes to Emerging Markets until Nov 2020 due to COVID-19 pandemic. Vietnam has to wait until Nov 2020 to become the largest constituent in the MSCI Frontier Markets Index, instead of May. Please follow…