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External broker reports(aggregated public sources)

Macroeconomics

<ul><li>Aggregate 9M 2024 NPAT-MI for our coverage universe increased 15% YoY and achieved 74% of ourfull-year 2024F forecast.</li><li>For our HSX-listed coverage, aggregate 9M 2024 NPATMI increased 17% YoY and achieved 75% of our full-year 2024F forecast.</li><li>Outlook: Vietnam’s respective Q3/9M 2024 GDP growth of 7.4%/6.8% YoY exceeded our prior expectations and we raised our 2024F GDP growth forecast from 6.5% to 6.9% in our Macro Update published on October 10. On October 22, the Ministry of Finance presented a report to the National Assembly in which the 2025F target for State spending on investment and development was increased by 30% from the previous plan, representing a further boost to the near-term growth outlook for the Vietnamese economy. </li></ul><p><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></p>

Aggregate 9M 2024 NPAT-MI for our coverage universe increased 15% YoY and achieved 74% of ourfull-year 2024F forecast.For our HSX-listed coverage, aggregate 9M 2024 NPATMI increased 17% YoY and achieved 75% of our full-year 2024F forecast.Outlook: Vietnam’s respective Q3/9M 2024 GDP growth of 7.4%/6.8% YoY exceeded our prior expectations and we raised our 2024F GDP growth forecast from 6.5% to 6.9% in our Macro Update published on October 10. On October 22, the Ministry of Finance presented a report to the National Assembly in which the 2025F target for State spending on investment and development was increased by 30% from the previous plan, representing a further boost to the near-term growth outlook for the Vietnamese economy. 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.

Vietnam Earnings Update - 9M 2024 Results on Track, US Election Tail Risks Explored