• Insurance sector: Updated appendix on Decree 31/2021 published August 31 by Ministry of Planning and Investment specifies no restrictions on FOL of insurance sector

• Masan acquires mobile virtual network operator, adding strategic “digital piece” to its consumer ecosystem vision

• NT2 to pay 2020 remaining cash dividend

• PNJ: Loss escalates in August as social distancing restrictions tighten — in line with our expectation

• TPB: Result of private placement deal

• MBB: Attractive valuation driven by solid growth – Update

•  Market wrap: Vingroup tickers drag down VN-Index

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Market wrap: Vingroup tickers drag down VN-Index 

On Tuesday, the VN-Index dropped for its second day in a row, falling eight tenths of a percent as investors remained concerned regarding China Evergrande Group’s debt crisis and potential effect on global markets. 

• VHM (-3.0%) fell to a four-month low and was the top contributor to the day’s loss while parent company VIC (-1.3%) slumped to its lowest share price since April 20, 2020. Vingroup’s other listed subsidiary VRE (-3.1%) also decreased. 
• Industrial real estate players GVR (-2.7%) and BCM (-3.2%) have declined 5.6% and 5.2% over the last two days, respectively. 
• DGC (+6.2%) was the day’s top contributing gainer and hit an all-time high. The chemical manufacturer’s share price has surged nearly 33% since the beginning of September.

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