Vietnam Textile Industry (Underweight) - 1Q23 update
In the first months of 2023, demand for textiles and garments in key markets weakened on recession fears. Vietnam’s textile exports in 4M23 were...
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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.
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Song Hong Garment JSC (MSH VN/Buy/TP: VND43,000) - Revenue on the Rise
In 3Q22, MSH recorded revenue of VND1,645.2bn (+26.9% YoY). However, gross margin and operating profit margin decreased to 14.9% and 8.9% respectively
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