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 Utilities / Thematic (Sector/Industry)

<ul><li>We expect the La Nina effect to occur from 2H24 and persist until 1H25.</li><li>It will benefit hydropower volume, while coal and gas thermal power may face lower mobilization.</li><li>Meanwhile, we are rating renewable energy as neutral, due to its potential for development, although its current expansion is constrained by the existing legal framework.</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>

We expect the La Nina effect to occur from 2H24 and persist until 1H25.It will benefit hydropower volume, while coal and gas thermal power may face lower mobilization.Meanwhile, we are rating renewable energy as neutral, due to its potential for development, although its current expansion is constrained by the existing legal framework.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 Electricity Sector (Neutral) - Bumpy Transition to Renewable Energy