Vietnam is closing 2025 with resilient growth and a stable macro backdrop. Despite concerns around U.S. tariff risks, exports and FDI disbursement have held up well, while public investment continues to support the economy, helping Vietnam deliver one of the strongest growth profiles in Southeast Asia. The stock market gained 31.1% in 11M/2025 and received […]
Summary of 9M 2025 results and outlook of Phuoc Hoa Rubber JSC (PHR VN) PHR operates two main business segments: (1) rubber plantation and natural rubber sales, and (2) conversion of plantation land for industrial park (IP) development. In 9M/2025, net profit increased 82.6% y/y to VND462 bn, mostly supported by earnings growth from both […]
According to the Thai Chamber of Commerce in Vietnam (ThaiCham), Thailand is at risk of losing its competitive edge as Vietnam continues to surge ahead in foreign investment and high-tech manufacturing. FDI into Thailand fell to USD 32 billion in 2024, compared with USD 38 billion for Vietnam — a gap that ThaiCham described as […]
Summary of 9M 2025 results and outlook of Techcom Securities (TCX VN) TCX delivered strong results in 9M/2025, with total operating income (TOI) rising 30.0% y/y, supported by solid growth across all major business lines. The company maintained its dominant ~45% share in corporate bond issuance, with revenue from investment banking increasing 38.3% y/y. Activity […]
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 November 2025. Watch our video recap of key takeaways of the Vietnam Marcroeconomic and Stock market in November 2025 Vietnam’s Economy Vietnam experienced several storms in November, mostly […]
The Vietnamese government has proposed a 10-year national target program on healthcare, population and development (2026–2035), with a total budget of ~125.5 trillion VND (about USD 5 billion) to upgrade public health infrastructure and expand access across the country. Key objectives: Ensure universal access to quality primary health care, and enable all Vietnamese to manage […]
Summary of 9M 2025 results and outlook of Techcombank (TCB VN) Net profit grew moderately by 2.5% y/y, as robust credit expansion and solid asset quality improvement was offset by sharp margin contraction. Total credit expanded by 22.0% y/y, supported by strong momentum in the real estate market, which continued to drive strong financing demand […]