Vietnam Pangasius Sector (Neutral) - Headwinds Ahead
However, inflation concerns, market divergence and intensifying competition are expected to pose challenges for exporters. Thus, we recommend a...
112 Views
Fishery Sector - Bright Outlook for Fishery Exports in 2025
Additionally, shrimp export value surged by 19% YoY, supported by an 18% YoY rise in volume and a slight 1% YoY increase in export prices.
381 Views
VHC [OUTPERFORM +15.9%] - Modest Earnings Growth in 2025; Medium-Term Outlook Intact
Although 2025 earnings are weighed on by the impact of US tariffs and high-cost restocking, we expect demand recovery to follow with normalization...
413 Views
VHC [BUY +23.5%] - Earnings to Jump on Volume and ASP Solid Growth in 2025 - Update
We upgrade our rating to BUY from OUTPERFORM for VHC as we are positive on continuing demand recovery in both VHC’s pangasius filet and collagen &...
328 Views
VHC - Export Volume Remains the Key Driver of Growth Momentum
Using a combination of DCF and SoTP methods, with a 50:50 weighting, we estimate a longterm price for VHC at VND 73,300, corresponding to a...
245 Views