VCSC Daily - VN-Index plummets 4.4% as global markets tumble

* Domestic petroleum prices hit new highs
* VEA: Auto demand remains strong in May, but motorbike sales slump due to supply issues
* Vietnam Macro Flash: Vietnam exceeds only one criterion under 2015 Act
* AAA: Biodegradable packaging, IPs to drive earnings growth
* Market wrap: VN-Index plummets 4.4% as global markets tumble

----------------------------------------

Market wrap: VN-Index plummets 4.4% as global markets tumble

The VN-Index plummeted 4.4% on Monday as global markets tumbled after the US consumer price index rose 8.6% in May vs the previous year, marking its fastest increase since December 1981.

* MSN (-6.8%) fell for its third consecutive session and was the top contributor to the day’s loss.

* Banks VPB (-7.0%), BID (-5.5%), CTG (-6.8%), MBB (-6.7%) and TCB (-5.1%) suffered heavy losses. Meanwhile, EIB (+1.6%) was an outlier.

* Vingroup tickers VIC (-2.0%), VHM (-3.4%) and VRE (-4.9%) were down.

* MWG (-6.8%) has dropped 8.4% over the last three trading days.

* GVR (-6.9%) is down 11.5% over the last two sessions.