CTG [BUY +35.2%] - Top-Tier Profitability, Asset Quality at Attractive Valuation
Our revised 2026F forecasts have not incorporated any profit from CTG’s upcoming sale of the Vietinbank Tower project, currently expected to be...
145 Views
CTG [BUY +33.9%] - Strong EPS Growth Momentum to Continue in 2026-27
We maintain our BUY rating and raise our target price (TP) by 8.3% to VND65,000/share. Our higher TP is driven by (1) the positive impact of...
263 Views
Banking Sector - 3Q25 Update and Outlook - Task on Track
Total system credit rose 13.4% YTD by end-9M25 (10M25: +15.09%), up 3.5%p QoQ (1Q25: +3.9%p; 2Q25: +6.0%p), nearing the SBV’s full-year guidance of...
272 Views
Forecast – HoSE Indexes Review in 4Q25
In this review, VIB – previously placed on the watchlist for removal, due to its failure to satisfy the minimum FOL threshold of 65% (Section 3.7)
273 Views
Banking Sector - 2Q25 Update and Outlook - Dual Mandate
Vietnam’s banking sector remained on a concrete footing in 2Q25, continuing the momentum established in 1Q25. Credit growth reached 9.9% YTD in...
288 Views