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COMPANY RESEARCH
Hau Giang Pharmaceutical (DHG VN) – Q3 2025 – Strong Sales and Premium Mix Drive 25% Profit Rise
November 12, 2025

Summary of 9M 2025 results and outlook of Hau Giang Pharmaceutical JSC (DHG VN) Net revenue grew 7.0% to VND3,524bn. In pharmacy channel (84.9% of total sales), early in the year, new tax and invoicing regulations posed challenges for traditional pharmacies, DHG’s main clients. It swiftly implemented support programs—including e-invoicing software assistance, promotional initiatives, and […]

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Sales on four e-commerce platforms in Vietnam – Shopee, TikTok Shop, Lazada, and Tiki – hit VND305.9 trillion ($11.62 billion) in the first nine months of 2025, up 34.4% year-on-year, according to new data from analytics firm Metric. On average, Vietnamese consumers spend $1.29 billion a month on the four platforms during the nine-month period, […]

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We would like to present you our monthly Macroeconomic & Stock Market Highlights for Vietnam alongside with the monthly performance update of the TIM Vietnam Actively Managed Certificate for October 2025. Watch our video recap of key takeaways of the Vietnam Marcroeconomic and Stock market in October 2025 Vietnam’s Update – Economy Vietnam entered the final quarter […]

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Effective 11 September 2025, all corporate bonds offered to the public in Vietnam must obtain a credit rating — except for those fully guaranteed by qualified credit institutions or issued directly by credit institutions themselves. This marks a new era of transparency and investor protection in Vietnam’s capital market. After the overheating period in 2021–2022, […]

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As Vietnam integrates more deeply into the global economy, English proficiency has emerged as a key challenge. According to the 2024 Education First English Proficiency Index, Vietnam ranked 63rd out of 116 countries, falling into the “low proficiency” group. In response, the government has announced a new policy making English a mandatory subject from Grade […]

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A joint statement on the upgrade of the bilateral relationship was issued on October 29, following the talks between Party General Secretary To Lam and UK Prime Minister Keir Starmer in London. Vietnam and the United Kingdom issued a joint statement announcing the elevation of Vietnam–UK relations to a Comprehensive Strategic Partnership, following the talks […]

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Vietnam has approved an increase in personal income tax deductions — VND 15.5 million/month for taxpayers and VND 6.2 million/month per dependent. This means over 2 million people will no longer pay income tax, giving families extra spending capacity and boosting domestic demand. The move comes as the State budget recorded a surplus of nearly […]

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