Market Brief 17/10/2022

HDBank and HD SAISON are committed to deploying a package of VND 10,000 billion for workers in industrial parks and factories across the country with an interest rate reduced by 50% compared to the interest rate for ordinary customers, serving the demand for consumer loans, loans for living needs and credit cards. The program is implemented under the direction of the Prime Minister and the Deputy Governor of the State Bank of Vietnam with preferential interest rates for workers, repelling black credit, supporting the economy to boost production and develop.

The accumulated income tax revenue from real estate transfer, inheritance and gift receipt of real estate in 8M/2022 reached more than VND 26,860 billion, up 96.4% over the same period in 2021.

PLX: Although petroleum retail increased by 26% over the same period, the 9-month petroleum profit of PLX Group was estimated at 780 billion dong.

On October 13, VinFast and Infineon Technologies AG - announced the expansion of cooperation in the field of Electrochemical Mobility, establishing VinFast - Infineon PTPT (VICC).

VNM: VNM shares ranked first in the list of top 10 stocks that were net bought by foreign investors on October 17 with a net buying value of more than 75 billion dong.

FPT: FPT Japan has just signed a non-dominant investment agreement, becoming a strategic shareholder of LTS, Inc. – Top 20 digital transformation consulting and service companies in Japan. The strategic investment will help FPT and LTS, Inc. expanding opportunities in the field of technology consulting and services, with the goal of achieving contracts worth tens of million of dollars in Japan as well as international markets.