External broker reports(aggregated public sources), Mirae Asset Securities

Mirae Asset Securities

Leading full-service brokerage firm in Vietnam. 

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External broker reports(aggregated public sources)

Thematic (Sector/Industry)

Vietnam Industrials / Thematic (Sector/Industry)

Vietnam Construction & Import-Export (VCG VN)

<ul><li>By end-August 2023, the Vietnamese government’s estimated disbursement was VND319,985bn, achieving 39.4% of its FY23 target.</li><li>Compared with the Prime Minister’s goal, government disbursement reached 42.3% (8M22: 35.5%); of this, domestic disbursement reached VND292,187bn and foreign disbursement reached VND7,260bn, achieving 40.1% and 25.9% of the FY23 target, respectively.</li><li>Although the plan’s completion is behind schedule, the absolute number was significantly larger than last year, growing from VND221,154bn to VND319,985bn (44.7% YoY). </li></ul><div class="content-highlight"><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></div>

By end-August 2023, the Vietnamese government’s estimated disbursement was VND319,985bn, achieving 39.4% of its FY23 target.Compared with the Prime Minister’s goal, government disbursement reached 42.3% (8M22: 35.5%); of this, domestic disbursement reached VND292,187bn and foreign disbursement reached VND7,260bn, achieving 40.1% and 25.9% of the FY23 target, respectively.Although the plan’s completion is behind schedule, the absolute number was significantly larger than last year, growing from VND221,154bn to VND319,985bn (44.7% YoY). Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Construction Sector - Promising Outlook, but Stretched Valuation