External broker reports(aggregated public sources), Mirae Asset Securities

Mirae Asset Securities

External broker reports(aggregated public sources)

Leading full-service brokerage firm in Vietnam. 

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Thematic (Sector/Industry)

<ul><li>Vietnam's textile exports continued to perform well in 2022, with an estimated export value of US$37.6bn, representing a 14.5% YoY increase.</li><li>Key markets, such as the US, EU, Japan, and South Korea recorded growth, with the EU and Canada, supported by the EVFTA and CPTPP, showing significant growth of 31.2% YoY and 44% YoY, respectively.</li><li>The Japanese market also recorded a strong increase, after several years of stable or declining performance. </li></ul><div class="content-highlight"><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></div>

Vietnam's textile exports continued to perform well in 2022, with an estimated export value of US$37.6bn, representing a 14.5% YoY increase.Key markets, such as the US, EU, Japan, and South Korea recorded growth, with the EU and Canada, supported by the EVFTA and CPTPP, showing significant growth of 31.2% YoY and 44% YoY, respectively.The Japanese market also recorded a strong increase, after several years of stable or declining performance. Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Vietnam Textile Industry (Neutral) - Support from FTAs

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<ul>
<li>Garment manufacturing and exports enjoyed robust growth in 8M22.</li>
<li>The total export value of Vietnam's textile products estimated at more than US$26bn (+23.1% YoY), with exports to major markets increasing sharply, including the US (+22.5% YoY), the EU (+36% YoY), Japan (+21.9% YoY), South Korea (+20.5% YoY), and Canada (+48.5% YoY).</li>
<li>The market shares of Vietnamese fashion and clothing products in major markets have generally improved, with market share in the US rising from 17.6% to 18.5%; Japan from 14.1% to 15%; and the EU from 6.1% to 6.3%. Meanwhile, only South Korea recorded a decline, slipping from 31.8% to 29.3%.</li>
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<div class="content-highlight"><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></div>



Garment manufacturing and exports enjoyed robust growth in 8M22.
The total export value of Vietnam's textile products estimated at more than US$26bn (+23.1% YoY), with exports to major markets increasing sharply, including the US (+22.5% YoY), the EU (+36% YoY), Japan (+21.9% YoY), South Korea (+20.5% YoY), and Canada (+48.5% YoY).
The market shares of Vietnamese fashion and clothing products in major markets have generally improved, with market share in the US rising from 17.6% to 18.5%; Japan from 14.1% to 15%; and the EU from 6.1% to 6.3%. Meanwhile, only South Korea recorded a decline, slipping from 31.8% to 29.3%.


Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Textile Industry (Overweight/Upgrade) - Positive results in garment segment

Viet Capital Securities Joint Stock Company

Luan Nguyen

<p>Thanks to higher disposable income, higher living standards, aging population and higher awareness in general medical knowledge, more people are willing to buy vitamins and dietary supplements to ameliorate their health and immune system. Besides, higher polluted environment and more stressful lifestyle are factors contributing to the sale growth of the category, with current value growth of 10%, reaching VND9.9 trillion in 2016.</p>

Thanks to higher disposable income, higher living standards, aging population and higher awareness in general medical knowledge, more people are willing to buy vitamins and dietary supplements to ameliorate their health and immune system. Besides, higher polluted environment and more stressful lifestyle are factors contributing to the sale growth of the category, with current value growth of 10%, reaching VND9.9 trillion in 2016.

Huge Need for Vitamins, Dietary Supplements and Digestive Remedies in Vietnam

<p>With a huge population of more than 90 million and a stable economy which is on the rise, Vietnam has become one of the most attractive retail markets in the world. Consumer electronics is one of the compelling segments in the market. Sales of consumer electronics have grown at double digit during the period 2011 – 2016 in both volume (11.5% CAGR) and value (12.1% CAGR), of which portable devices accounts for more than 50% of total sales and experience the strongest growth. In 2015, sales of consumer electronics reached VND93,015.9 billion, of which VND52,283.8 billion came from sales of portable devices.</p>

With a huge population of more than 90 million and a stable economy which is on the rise, Vietnam has become one of the most attractive retail markets in the world. Consumer electronics is one of the compelling segments in the market. Sales of consumer electronics have grown at double digit during the period 2011 – 2016 in both volume (11.5% CAGR) and value (12.1% CAGR), of which portable devices accounts for more than 50% of total sales and experience the strongest growth. In 2015, sales of consumer electronics reached VND93,015.9 billion, of which VND52,283.8 billion came from sales of portable devices.

Frontier and emerging markets (Vietnam)

Dylan Waller

Nomadic Equity

<p><strong>Pakistan's Exports at a 6 Year Low<br><br></strong>Pakistan's exports have been on a strong and consistent decline, and most recently declined by 7.3% YoY in August.  This has resulted in Pakistan's exports dropping to a new six-year low, and GDP growth only reaching 4.24% in 2015.  Pakistan's GDP growth is significantly lagging behind other frontier markets in Asia such as Vietnam, Laos, Cambodia, and Bangladesh.</p><figure class="editor-figure mceNonEditable"><img src="https://static-prod.smartkarma.com/images/media/000/013/822/original/pakistan%20exports.png?1474957024" class="editor-image img-responsive" data-smartkarma-image-id="13822"></figure><p>Textile exports declined by <a href="http://res.bmacapital.com/dailyreports/SOD/PDFS/9232016.PDF" target="_blank">2% YoY</a> last month, which included an 11% YoY decline in non-value…</p>

Pakistan's Exports at a 6 Year Low  Pakistan's exports have been on a strong and consistent decline, and most recently declined by 7.3% YoY in August.  This has resulted in Pakistan's exports dropping to a new six-year low, and GDP growth only reaching 4.24% in 2015.  Pakistan's GDP growth is significantly lagging behind other frontier markets in Asia such as Vietnam, Laos, Cambodia, and Bangladesh.Textile exports declined by 2% YoY last month, which included an 11% YoY decline in non-value…

Pakistan's Textile Industry: Coping with Threats from Bangladesh and Vietnam

Vietnam

Binh Thanh Import Export Production and Trade JSC manufactures and sells home storage products, luggage, cushions, backpacks, rucksacks, bags, and other products.

Binh Thanh Import Export Production And Trade Jsc (GIL VN)

Binh Thanh Import Export Production And Trade Jsc

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Binh Thanh Import Export Production And Trade Jsc (GIL VN)

Vietnam Textile Industry (Neutral) - Support from FTAs

Vietnam's textile exports continued to perform well in 2022, with an estimated export value of US$37.6bn, representing a 14.5% YoY increase.

Mirae Asset Securities

Textile Industry (Overweight/Upgrade) - Positive results in garment segment

The market shares of Vietnamese fashion and clothing products in major markets have generally improved, with market share in the US rising from...

Mirae Asset Securities

Huge Need for Vitamins, Dietary Supplements and Digestive Remedies in Vietnam

Thanks to higher disposable income, higher living standards, aging population and higher awareness in general medical knowledge, more people are...

Luan Nguyen

Consumer Electronics Is Growing Strongly

With a huge population of more than 90 million and a stable economy which is on the rise, Vietnam has become one of the most attractive retail...

Luan Nguyen

Pakistan's Textile Industry: Coping with Threats from Bangladesh and Vietnam

Pakistan's Exports at a 6 Year LowPakistan's exports have been on a strong and consistent decline, and most recently declined by 7.3% YoY in...

Nomadic Equity

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52-week Range

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