Vietnam Market - Stock Recommendations
By the end of 3Q23, BID, Vietnam's largest commercial bank, showed a moderate growth in total asset to VND2,132tr (US$87bn, +0.58% YTD).
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Banking Sector - 9M23 Update and Outlook - Overcoming adversity
Credit growth in 9M23 lagged significantly behind annual target set by State Bank of Vietnam (SBV): By end-3Q23, credit growth for the year stood...
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Stock Recommendations - Vietnam Market - November 2023
Vietnam Prosperity JSCB (VPB), formerly known as Vietnam JSCB for Private Enterprises, was established in 1993. The Bank has its core business in...
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Banking Sector - 1H23 Update and Outlook - An Essential Deceleration
Credit growth in 1H23 slightly behind full-year target: By end-2Q23, credit growth was low, at 4.7% YTD, which is far behind the annual plan from...
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Banking Sector - 1Q23 update and outlook - Return of dovish policies
By end-1Q23, credit growth was low, at 2.1% YTD. This was the second lowest rate since that of 2015, when the domestic banking sector began to...
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