Summary of Q1 2025 results and outlook of Hoa Phat Group JSC (HPG VN) Vietnam steel market posted double-digit growth in Q1/2025, defying global trade turbulence. Total steel consumption rose 12.2% y/y to 7.5mn tons on the back of robust domestic demand —supported by accelerating public investment and a gradual recovery in the real estate […]
Vietnam’s banking industry is undergoing a major transformation – powered by 18.4% CAGR in operating income, rapid digital adoption, and new fintech partnerships. Banks are evolving beyond credit, building integrated ecosystems in payments, insurance, asset management, and digital assets. With AI-powered efficiency, growing e-wallet use, and a push toward regional payment integration, Vietnam is moving […]
SAO PAULO, June 13 (Reuters) – Vietnam has been formally admitted as a “partner country” of the BRICS group of major emerging economies, Brazil’s government said on Friday, as the bloc presses ahead with an expansion push. Vietnam is the tenth nation to receive this status, which allows invited countries to participate in BRICS summits […]
Summary of Q1 2025 results and outlook of Dong Hai Ben Tre JSC (DHC VN) Net revenue was VND826bn (+1.9% y/y) and net profit came to VND76bn (+36.1% y/y) thanks to margin improvement. Kraft paper revenue accounted for 81.1% of total revenue, increasing 1.4% thanks to a slightly higher average selling price (ASP) while volume […]
US Tariff updates – The U.S. has yet to close a single trade pact with any of the 90 countries it is currently negotiating with – China remains a stalemate, and every passing day shifts leverage toward nations prepared to act. Vietnam is seizing that window. • US $3 billion in new MoUs for American […]
Summary of Q1 2025 results and outlook of VPBank (VPB VN) Net income rose 9.1% y/y, driven by strong credit expansion and sustained improvements in asset quality. Total credit surged by 21.9% y/y, driven by strong corporate lending across diverse sectors, as well as robust mortgages and margin lending. Net interest margin (NIM) contracted slightly […]
Summary of Q1 2025 results and outlook of Phuoc Hoa Rubber JSC (PHR VN) PHR operates two main business segments: rubber plantations and IP development. The rubber segment is its traditional business, generating most of the revenue and stable annual profits. Meanwhile, the IP segment has become the key earnings driver, mainly through the conversion […]