VEA [BUY +27.1%] - COVID-19 escalation dampens vehicle sales - Update
  • 2021-08-25T00:00:00
  • Company Research

- We maintain our BUY rating and keep our target price (TP) nearly unchanged as we continue to like VEA’s exposure to Vietnam’s extensive motorbike (2W) market and the long-term growth potential of Vietnam’s auto (4W) consumption in addition to the company’s robust dividend yields. 



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