Featured Research

Banking Sector - 9M2024 Update

Asset risk shielded by limited exposure to typhoon-hit region, small banks most affected by margin squeeze and credit costs
20/11/2024
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Securities Sector - 9M2024 Update

Large firms led sector profit boost with strong margin lending and investment gains, supported by significant capital raises
18/11/2024
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Corporate Bond Market Review - October 2024

This monthly report summarizes our observations and analysis of the key developments in the corporate bond market over the past month
07/11/2024
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Renewable Energy Sector - Credit Insights - October 2024

Revisions to the Electricity Law will pave the way for DPPAs to boost the viability of renewable energy projects in Vietnam
30/10/2024
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Corporate Bond Market Review - September 2024

This monthly report summarizes our observations and analysis of the key developments in the corporate bond market over the past month
17/10/2024
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Corporate Bond Market Perspective - September 2024

Getting back on track, stronger risk awareness and more institutional investors critical for the new development phase
30/09/2024
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Residential Real Estate Sector - 1H2024 Update

New housing supply will boost developer cash flows but also increase leverage
23/09/2024
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Research Reports

Showing   / 46 research
Topic Sector Title Research date Read more
Sector Comment
Residential Real Estate

Residential Property Sector - 9M2023 Update

Poor market sentiment led to weak project sales and operating cash flow, access to new financing is key to cope with refinancing risks
20/11/2023 View report
Sector Comment
Banking

Banking Sector - 9M2023 Update

9M2023 profits fell from the 2022 peak but recovery is within sight as net interest margin and credit pick up
13/11/2023 View report
Sector Comment
Securities

Securities Sector - 9M2023 Update

Profitability recovered from trough levels elevated exposure to higher-risk assets pose downside risk
08/11/2023 View report
Corporate Bond Market Perspective
Corporate Bond

Corporate Bond Market Perspective - October 2023

Proactive negotiations will slow down bond defaults in 2024, marking the start of a new development phase and recovery of bond issuance
10/10/2023 View report
Sector Outlook
Residential Real Estate

Residential Property Sector - 2023 Outlook

Refinancing difficulties to persist as bond maturities and leverage peak amid market downturn, government measures need more time to take effect
07/06/2023 View report
Sector Outlook
Securities

Securities Sector - 2023 Outlook

Weak sentiment and elevate asset risks to hurt profitability, while solvency concerns mitigated by low leverage and stable liquitidy
24/05/2023 View report
Credit Insights
Macroeconomics

Macroeconomics: Weak external demand will weigh on Vietnam’s exports

Downside risks for Vietnam’s economy and GDP growth target
19/04/2023 View report
Credit Insights
Banking

Banking Sector: Reflections on SVB's downfall

Regulatory support is critical to instill stability in a confidence-sensitive environment and banking system in Vietnam
12/04/2023 View report
Corporate Bond Market Perspective
Corporate Bond

Corporate Bond Market Perspective - April 2023

Real estate-related liquidity issues will drive up corporate bond defaults in 2023, new regulations to provide some relief for VND113 trillion of bonds at risk
06/04/2023 View report
Credit Insights
Macroeconomics

Macroeconomics: Policy rate cut to support economic growth

Banks and borrowers will benefit from lower funding costs
28/03/2023 View report
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