• HCMC tightens social distancing measures from August 23

• Banking: Draft on supplementing and amending Circular 03, 2021/TT-NHNN suggests extension in terms of conditions for loan balances to receive restructuring, exemption or reduction of interest and/or fees

• PNJ: COVID-19 undermines July results  

• ACB: Increasing NIM forecasts despite concessionary loan rates – Update

• KDH: Handovers on track; expect new project launches in Q4 – Update

• VHM: Bulk sales strategy to support H2 2021 earnings – Update

• VTP: COVID-19 boosting e-commerce adoption – Update

• MWG: COVID-19 hurts electronic goods but boosts grocery sales - Analyst Meeting Note

• Market wrap: VN-Index plunges on new COVID-19 restrictions

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Market wrap: VN-Index plunges on new COVID-19 restrictions 

The VN-Index plummeted 3.3% on Friday — its steepest single-day loss since January 27 — as investors reacted to the news of HCMC tightening social distancing restrictions and requiring citizens to “stay where they are” to contain the spread of COVID-19. For the week, the VN-Index dropped 2.0%, ending a streak of three positive weeks.

• VIC (-6.1%) was the top contributor to the day’s loss. In addition, Vingroup subsidiary VHM (-2.6%) fell to a one-month low.
• Bank tickers were down across the board, led by VCB (-2.6%), TCB (-4.7%), BID (-4.7%) and CTG (-4.7%).
• GVR (-6.3%) snapped a six-session winning streak.
• On the positive side, VGC (+7.0%) soared to the daily trading ceiling and was the leading contributor among gainers.

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