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VPB- Brief - [NONRATED] - Strong credit expansion1Q26 PAT rose +61% YoY to VND 6,329bn, partially driven by a low base in 1Q25 and supported by strong operating income growth (+26% YoY). 1Q26 earnings completed 19% of the full-year 2026 guidance.PDFVPB-Brief-[NONRATED]- Strong credit expansion F

June 15, 2026

FPT - Brief - [NONRATED] - 1Q26: FPT Shop rebounds, Long Chau sustains strong growthIn 1Q26, FRT recorded revenue of VND15,117bn (+29.5% yoy) and operating profit of VND474bn (+49% yoy). Both its core business chains, FPT Shop and Long Chau, recorded revenue growth and improved operating efficiency.PDFFRT - Brief - [NONRATED] - 1Q26_FPT Shop rebounds, Long Chau sustains strong growth (1)

June 12, 2026

PVD – Earnings Review – [HOLD] – 1Q26: Solid NPAT growth on robust E&PPVD’s 1Q26 revenue reached VND3,401bn (+126% yoy, ~110% of KIS forecast). Gross profit recorded strong growth at VND638bn (+136% yoy, ~94% of KIS forecast). 1Q26 NPAT reached VND300bn (+110% yoy), below our expectations but still at a strong level.PDFPVD – Earnings Review – [HOLD] – 1Q26_Solid NPAT growth on robust E&P

June 11, 2026

CTG – Brief – [NONRATED] – Robust Growth Trend Persists1Q26 PAT surged +63% YoY to VND 8,960bn, driven by robust operating income growth (+22.7% YoY) alongside well-controlled operating and risk provision expenses. 1Q26 earnings accounted for 25% of the full-year 2026 guidancePDFCTG-Breif-[NONRATED]- Robust Growth Trend Persists

June 9, 2026

VSC – Brief – [NONRATED] – Leverage eroded 1Q26 net profitIn 1Q26, VSC reported consolidated revenue of VND861bn (-1.3% qoq, +26.2% yoy), driven by higher throughput volumes at key downstream ports following strategic cooperation with HAH. NPAT plunged to VND70bn (-37% YoY).PDFVSC - Brief - [NONRATED] - Leverage eroded 1Q26 net profit

June 9, 2026

POW – Earnings Review – [HOLD] – 1Q26 - Earnings surged on margin expansionIn 1Q26, revenue reached VND12,327bn (+50% yoy), supported by a 33% yoy increase in total power production. Growth was mainly driven by gas-fired powerPDFPOW - earnings review [HOLD] - 1Q26 - NPAT recorded strong growth

June 8, 2026

BWE – Brief – [NONRATED] – 1Q26: Earnings continued to grow steadilyIn 1Q26, revenue reached VND1,034bn in 1Q26 (+12% yoy, -25% qoq), mainly supported by the waste treatment segment. Besides, gross profit (GP) increased by 12% yoy to VND483bn, with gross margin remaining flat yoy at 46.7%. As a result, NPAT rose strongly by 30% yoy to VND212bn.PDFBWE - Brief - [NONRATED] - 1Q26 - Earnings continued to grow steadily

June 5, 2026

VCB – Earnings review – [BUY] – Preserve growth momentum1Q26 PBT climbed +8.7% YoY to VND 11,803bn, driven by robust growth in credit activities (+29% YoY) and service income (+17.1% YoY). This 1Q26 PBT accounts for 25.5% of the full-year 2026 guidancePDFVCB - Earnings review - [BUY]-Preserve growth momentum

June 5, 2026

GAS – Earnings Review – [HOLD] – 1Q26 earnings in line with forecast1Q26 revenue reached VND38tn (+48% yoy, -13% qoq, ~115% of KIS forecast), driven by strong LNG volume growth. We believe GAS is accelerating international LNG trading, alongside increased imports into Thi Vai terminal to partially replace LPG trading, which has been disrupted by the Gulf conflict. 1Q26 NPAT reached VND2.99tn (+8% yoy, +116% qoq, ~101% of KIS forecast).PDFGAS – Earnings Review – [HOLD] – 1Q26 earnings in line with forecast

June 4, 2026

KBC – Brief – [NONRATED] – Slow IP Land Handovers in 1Q26In 1Q26, KBC reported VND1,336bn revenue (-57% yoy, -19% qoq) with a GP landing at VND649bn (-46% yoy, +8% qoq). Net profit came in at VND234bn (-72% yoy, -64% qoq)PDFKBC - Brief - [NONRATED] - Slow IP Land Handovers in 1Q26

June 3, 2026

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Derivatives 2026/06/19: Breakout signal anticipation

Technical signals lack uniformity. Therefore, traders need further signals to confirm the trend. Based on these signals, investors can initiate new positions.

June 19, 2026

Market commentary 2026/06/18: Bottom-fishing demand emerged

The market closed lower, although bottom-fishing demand emerged and helped the index recover part of its losses toward the end of the session. This suggests that cash flow is still monitoring and participating at lower price levels. However, selling pressure remains present, indicating that short-term market movements are likely to remain volatile. Therefore, additional signals from upcoming sessions will be needed to confirm the market's direction more clearly.

June 18, 2026

Derivatives 2026/06/18: Capital flows at lower price levels

Technical signals lack consistency at this stage. Therefore, traders should wait for additional confirmation signals on the next trend. Based on such signals, investors may then consider reopening new positions.

June 18, 2026

Market commentary 2026/06/17: Selling pressure on large-cap stocks

The market successfully moved above the 1,800-point threshold and reclaimed its 100-day moving average, signaling a positive technical development. However, liquidity remained subdued and selling pressure was still evident during the session, suggesting that investor sentiment remains cautious and that the current rebound requires further confirmation.

June 17, 2026

Derivatives 2026/06/17: Awaiting a breakout signal

Technical signals lack consistency at this stage. Therefore, traders should wait for additional confirmation signals regarding the next trend before reopening new positions.

June 17, 2026

Derivatives 2026/06/16: Awaiting a breakout signal

Technical signals remain mixed and lack clear confirmation. Investors are advised to wait for additional directional signals before initiating new positions.

June 16, 2026

Market commentary 2026/06/16: Green start to the week

The market ended higher with improving liquidity, suggesting that buying interest may be returning after the recent correction. However, the index has yet to break above its key moving averages, indicating that the prevailing downtrend has not been fully reversed. Therefore, additional signals from upcoming sessions will be needed to confirm the market’s direction.

June 16, 2026

Covered warrant 2026/06/16: Capital flows continue to decline

During the week, the covered warrant market continued to show negative performance as liquidity declined and most warrants closed lower. In the underlying equity market, the index also corrected while liquidity remained subdued, indicating that cautious investor sentiment continues to dominate capital flows.

June 16, 2026

Market Trader 2026/06/16: Proprietary selling pressure eased significantly

By investor group, trading activity from both domestic retail investors and domestic institutional investors continued to weaken, falling 4.3% and 25.2%, respectively, from the previous week.

June 16, 2026

24W26: SBV extends net withdrawal as interbank rates edge lower

In 24W26, the SBV extends its net liquidity withdrawal for a second consecutive week as immediate system pressures ease. Tracking this development, interbank rates decline across all tenors with a steeper yield curve, driven by a sharp pullback at the short end. Regarding the FX market, the greenback's momentum completely reversed toward the weekend as a Middle East peace breakthrough dragged the dollar down, allowing the domestic USDVND rate to edge lower despite persistent foreign net selling.

June 15, 2026

Chart of the day 2026/06/15: Selling pressure remains

The short-term downtrend has been confirmed. In this context, investors should exercise caution, monitor the market closely, and wait for clear reversal signals before re-entering new positions.

June 15, 2026

Market commentary 2026/06/15: Selling pressure intensified

The market continues to move sideways in the short term as buying demand remains insufficient to generate a meaningful breakout. Moreover, the index has yet to reclaim its medium-term moving average, suggesting that the current trend has not turned convincingly positive and requires further confirmation signals in the coming sessions.

June 15, 2026

Derivatives 2026/06/15: Late-session selling pressure

With the Bearish Engulfing pattern confirmed last week, the downtrend may be re-established. Accordingly, traders may consider re-entering short positions in the upcoming session.

June 15, 2026

VPB- Brief - [NONRATED] - Strong credit expansion

1Q26 PAT rose +61% YoY to VND 6,329bn, partially driven by a low base in 1Q25 and supported by strong operating income growth (+26% YoY). 1Q26 earnings completed 19% of the full-year 2026 guidance.

June 15, 2026

Market commentary 2026/06/12: Selling pressure returns

The market ended lower while liquidity remained subdued, suggesting that cautious investor sentiment continues to dominate. This performance also indicates that the market has yet to find a sufficiently strong catalyst for a sustainable recovery, and short-term volatility is likely to persist.

June 12, 2026

Derivatives 2026/06/12: Declining liquidity

Current signals lack consistency. Traders should therefore wait for further trend confirmation before opening new positions.

June 12, 2026

FPT - Brief - [NONRATED] - 1Q26: FPT Shop rebounds, Long Chau sustains strong growth

In 1Q26, FRT recorded revenue of VND15,117bn (+29.5% yoy) and operating profit of VND474bn (+49% yoy). Both its core business chains, FPT Shop and Long Chau, recorded revenue growth and improved operating efficiency.

June 12, 2026

Market commentary: Green momentum continues

The market recorded its second consecutive recovery session, accompanied by a slight improvement in liquidity. Meanwhile, the index is approaching its 100-day moving average (MA100), suggesting that the market is nearing an important testing zone that could help determine its next directional trend in the period ahead.

June 11, 2026

Derivatives: Awaiting new confirmation

Signals remain mixed. Investors should wait for clearer trend confirmation before opening new positions.

June 11, 2026

PVD – Earnings Review – [HOLD] – 1Q26: Solid NPAT growth on robust E&P

PVD’s 1Q26 revenue reached VND3,401bn (+126% yoy, ~110% of KIS forecast). Gross profit recorded strong growth at VND638bn (+136% yoy, ~94% of KIS forecast). 1Q26 NPAT reached VND300bn (+110% yoy), below our expectations but still at a strong level.

June 11, 2026

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Derivatives 2026/06/19: Breakout signal anticipation

Technical signals lack uniformity. Therefore, traders need further signals to confirm the trend. Based on these signals, investors can initiate new positions.

June 19, 2026

Market commentary 2026/06/18: Bottom-fishing demand emerged

June 18, 2026

Derivatives 2026/06/18: Capital flows at lower price levels

June 18, 2026

Market commentary 2026/06/17: Selling pressure on large-cap stocks

June 17, 2026

Derivatives 2026/06/17: Awaiting a breakout signal

Technical signals lack consistency at this stage. Therefore, traders should wait for additional confirmation signals regarding the next trend before reopening new positions.

June 17, 2026

Derivatives 2026/06/16: Awaiting a breakout signal

Technical signals remain mixed and lack clear confirmation. Investors are advised to wait for additional directional signals before initiating new positions.

June 16, 2026

Market commentary 2026/06/16: Green start to the week

June 16, 2026

Covered warrant 2026/06/16: Capital flows continue to decline

June 16, 2026

Market Trader 2026/06/16: Proprietary selling pressure eased significantly

By investor group, trading activity from both domestic retail investors and domestic institutional investors continued to weaken, falling 4.3% and 25.2%, respectively, from the previous week.

June 16, 2026

24W26: SBV extends net withdrawal as interbank rates edge lower

June 15, 2026

Chart of the day 2026/06/15: Selling pressure remains

The short-term downtrend has been confirmed. In this context, investors should exercise caution, monitor the market closely, and wait for clear reversal signals before re-entering new positions.

June 15, 2026

Market commentary 2026/06/15: Selling pressure intensified

June 15, 2026

Derivatives 2026/06/15: Late-session selling pressure

With the Bearish Engulfing pattern confirmed last week, the downtrend may be re-established. Accordingly, traders may consider re-entering short positions in the upcoming session.

June 15, 2026

VPB- Brief - [NONRATED] - Strong credit expansion

1Q26 PAT rose +61% YoY to VND 6,329bn, partially driven by a low base in 1Q25 and supported by strong operating income growth (+26% YoY). 1Q26 earnings completed 19% of the full-year 2026 guidance.

June 15, 2026

Market commentary 2026/06/12: Selling pressure returns

June 12, 2026

Derivatives 2026/06/12: Declining liquidity

Current signals lack consistency. Traders should therefore wait for further trend confirmation before opening new positions.

June 12, 2026

FPT - Brief - [NONRATED] - 1Q26: FPT Shop rebounds, Long Chau sustains strong growth

June 12, 2026

Market commentary: Green momentum continues

June 11, 2026

Derivatives: Awaiting new confirmation

Signals remain mixed. Investors should wait for clearer trend confirmation before opening new positions.

June 11, 2026

PVD – Earnings Review – [HOLD] – 1Q26: Solid NPAT growth on robust E&P

June 11, 2026

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Derivatives 2026/06/19: Breakout signal anticipation

Technical signals lack uniformity. Therefore, traders need further signals to confirm the trend. Based on these signals, investors can initiate new positions.

June 19, 2026

Market commentary 2026/06/18: Bottom-fishing demand emerged

June 18, 2026

Derivatives 2026/06/18: Capital flows at lower price levels

June 18, 2026

Market commentary 2026/06/17: Selling pressure on large-cap stocks

June 17, 2026

Derivatives 2026/06/17: Awaiting a breakout signal

Technical signals lack consistency at this stage. Therefore, traders should wait for additional confirmation signals regarding the next trend before reopening new positions.

June 17, 2026

Derivatives 2026/06/16: Awaiting a breakout signal

Technical signals remain mixed and lack clear confirmation. Investors are advised to wait for additional directional signals before initiating new positions.

June 16, 2026

Market commentary 2026/06/16: Green start to the week

June 16, 2026

Covered warrant 2026/06/16: Capital flows continue to decline

June 16, 2026

Market Trader 2026/06/16: Proprietary selling pressure eased significantly

By investor group, trading activity from both domestic retail investors and domestic institutional investors continued to weaken, falling 4.3% and 25.2%, respectively, from the previous week.

June 16, 2026

24W26: SBV extends net withdrawal as interbank rates edge lower

June 15, 2026

Chart of the day 2026/06/15: Selling pressure remains

The short-term downtrend has been confirmed. In this context, investors should exercise caution, monitor the market closely, and wait for clear reversal signals before re-entering new positions.

June 15, 2026

Market commentary 2026/06/15: Selling pressure intensified

June 15, 2026

Derivatives 2026/06/15: Late-session selling pressure

With the Bearish Engulfing pattern confirmed last week, the downtrend may be re-established. Accordingly, traders may consider re-entering short positions in the upcoming session.

June 15, 2026

VPB- Brief - [NONRATED] - Strong credit expansion

1Q26 PAT rose +61% YoY to VND 6,329bn, partially driven by a low base in 1Q25 and supported by strong operating income growth (+26% YoY). 1Q26 earnings completed 19% of the full-year 2026 guidance.

June 15, 2026

Market commentary 2026/06/12: Selling pressure returns

June 12, 2026

Derivatives 2026/06/12: Declining liquidity

Current signals lack consistency. Traders should therefore wait for further trend confirmation before opening new positions.

June 12, 2026

FPT - Brief - [NONRATED] - 1Q26: FPT Shop rebounds, Long Chau sustains strong growth

June 12, 2026

Market commentary: Green momentum continues

June 11, 2026

Derivatives: Awaiting new confirmation

Signals remain mixed. Investors should wait for clearer trend confirmation before opening new positions.

June 11, 2026

PVD – Earnings Review – [HOLD] – 1Q26: Solid NPAT growth on robust E&P

June 11, 2026