Vietnam JSCB for Industry and Trade (CTG VN/Trading Buy) - A Slight Setback
By end-1Q24, the total assets of VietinBank (CTG) reached VND2,078tr (+2.2% YTD), with credit growth of around 2.7% (higher than the sector’s...
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Banking Sector - 1Q24 Update and Outlook - Acceptable Shortfall
The subdued credit growth in 1Q24 reflects broader economic trends, indicating one of the lowest levels in nearly a decade, with a YTD increase of...
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Banking Sector - 2023 Update and Outlook - Progress in Motion
As of December 20, 2023, YTD credit growth reached 10.85%; remarkably, however, within the span of just 10 days, this figure surged to an...
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Vietnam Market - Stock Recommendations
By the end of 3Q23, BID, Vietnam's largest commercial bank, showed a moderate growth in total asset to VND2,132tr (US$87bn, +0.58% YTD).
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Banking Sector - 9M23 Update and Outlook - Overcoming adversity
Credit growth in 9M23 lagged significantly behind annual target set by State Bank of Vietnam (SBV): By end-3Q23, credit growth for the year stood...
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