Market brief 14/01/2022

According to data from the VBMA, in December, there were a total of 80 separate bond issuances with a total issuance value of VND 65,757b. In which, banking and real estate were the two groups that issued the largest amount of bonds with the value of 46,926b dong and 9,538b dong, respectively, equivalent to more than 71% and 14% of the total issued value of the month. VPBank is the largest issuer in the banking group with a total value of 9,970b dong through 6 installments, with an interest rate of 2.4%/year to increase working capital. VIB issued VND 9,000b of bonds with a term of 3-7 years.

NVL: Nova Consumer announces IPO of 10.9 million shares, equivalent to 10% of capital. Minimum asking price is 43,462 VND/share, mobilized money is about 474 billion VND.

POW: In 2021, the epidemic will reduce demand of the whole market, reduce the output of POW's power plants by about 1.9b kWh, a decrease in revenue of about 3,750b VND.

Up to now, Phu Quoc has attracted 372 investment projects, with total registered capital of about 16.5bUSD. Vingroup is the largest investor with a total disbursed more than 2 billion USD.

SAB: estimated net revenue and profit after tax at VND 6,500 billion (down 16.8%) and VND 1,450 billion (down 6%) in Q4.2021 as both on-trade and off-trade channels recovered slow

HPG: According to Hai Duong Electronic Newspaper, Hoa Phat Group proposed to Hai Duong Provincial People's Committee to approve the enterprise to implement a project to build an international golf course and an ecological urban area with a scale of about 385 hectares, belonging to two communes Duc Xuong, Doan Thuong, Gia Loc district and Hong Duc commune, Ninh Giang district, Hai Duong province.