Vietnam has become an increasingly important global manufacturing base. Recent developments suggest that its role is gradually broadening beyond production and assembly toward more advanced activities. The latest signal comes from Apple, which recently launched its first Education Hub in partnership with Hanoi University of Science and Technology, making the country one of four markets […]
Summary of H1 2026 results and outlook of Quang Ngai Sugar JSC (QNS VN) Net revenue rose 16.7% y/y to VND6,052bn. Growth was led by plant-based beverages (45.3% of revenue), with sales up 20.3% y/y, benefiting from the company’s consistent and proactive efforts to strengthen brand equity and expand into higher-end segments. Sales volume rose […]
Vietnamese consumers spent US$14.4 million on AI applications in H1/2026, nearly doubling from a year earlier. More broadly, 81% of Vietnamese digital users interact with AI tools and features every day, the highest rate in Southeast Asia. So far, much of this adoption has come from individual users. The next stage should come from corporates […]
Recently we visited five of Vietnam’s largest listed banks—state-owned leaders CTG and BID and leading private banks VPB, TCB and MBB—to hear directly from management about current challenges and the sector’s next phase of growth. These discussions reinforced our constructive view of the sector: Vietnamese banks remain resilient under more demanding conditions while building the […]
Summary of H1 2026 results and outlook of DHG Pharmaceutical JSC (DHG VN) Net revenue reached VND2,561bn (+7.7% y/y). mainly driven by a robust 11.1% y/y increase in owned product sales (91.9% of revenue), while an accounting change related to promotional item partly moderated top line growth. By channel, on a like-for-like basis (LFL), pharmacy […]
International arrivals reached nearly 16 million in the first eight months of 2026, up more than 14% y/y, putting Vietnam on track toward its target of 25 million visitors this year. Importantly, tourist spending has also improved from pre-Covid levels. In 2019, an international visitor spent around VND26 million per trip in Vietnam, well below […]
Summary of H1 2026 results and outlook of Hoa Phat Group JSC (HPG VN) Vietnam’s steel producers delivered a solid performance, with total sales volume rising 14.2% y/y to 18.0mn tons, supported by robust domestic demand and tighter import supply following broader trade measures on HRC. Demand was underpinned by strong public infrastructure investment, a […]