Ninh Thuan Nuclear: The Three Structural Shifts That Changed Everything
After a decade on hold, Vietnam's nuclear restart at Ninh Thuan is backed by three structural changes: a real power deficit, net-zero constraints, and lower long-term capital costs. Power sector stocks have diverged sharply; investors must distinguish between priced-in expectations and genuine upcoming catalysts.
KOSPI +13.6%, Shanghai +1.8%: The Index Composition Lesson
In the same week, three Asian indices diverged by nearly eightfold. Not because of sentiment or hot capital flows, but because the composition inside each benchmark is completely different.
FLC Returns: Big Groundbreaking, Open Legal Questions
Four years after his arrest, Trinh Van Quyet broke ground on a 517-hectare resort in the Central Highlands while still serving a 7-year sentence. The legal questions surrounding FLC's comeback have no clean answers yet.
HPG and DHG Ex-Dividend on 11/5: Buying Early Doesn't Mean Extra Profit
On May 11, HPG pays a 5% cash dividend plus 10% bonus shares, while DHG pays 50% cash. Many new investors think buying before the record date earns them extra. This is why the price mechanism works quite differently.
VN-Index 1,915 pts, Foreign Sellers for 12 Sessions: A Healthy Divergence
VN-Index closed at an all-time high of 1,915.37 points while declining stocks outnumbered advances in three of four sessions and foreigners sold for 12 consecutive sessions. This is a healthy, catalyst-driven divergence, not a distribution top.
Q1/2026 Earnings: 38% Aggregate, Deep Divergence by Sector
803 listed companies reported an average 38.2% net profit growth in Q1/2026, but most gains came from a handful of cyclical sectors benefiting from a low-base effect. VNMID rose 82.6% while VN30 managed just 27.4%. That gap tells the real story.
Credit Outpaces Deposits, CPI at 5.46%: Three Interest Rate Scenarios
Credit growth hit 4.42% while VND deposit growth lagged by nearly 2 percentage points, and April CPI breached the full-year 4.5% target. The SBV faces mounting dual pressure as three distinct interest rate scenarios come into focus.
SAB Q1/2026: Profit Up 56%, Two Engines Behind the Surge
Sabeco posted Q1/2026 net profit up 56% while revenue grew just 11%. Two independent mechanisms explain the gap: gross margin expansion and VND 260 billion in quarterly deposit interest.
DGC: Founding Family Exits the Board, Margin Risk Stays
DGC officially exits VN30 on May 13 following a legal chain set in motion on March 17. The key risk for investors is not the index: it's Mine 25, still suspended.
US Court Strikes Down 10% Tariff Again: Why Wall Street Didn't Flinch
The Court of International Trade ruled Trump's global 10% tariff illegal for the second time in three months. Wall Street's calm was the right technical read, but the medium-term picture is more complex.
Datadog +31%, Cloudflare -18%: Two Opposite AI Business Models
Both companies beat Q1 2026 revenue estimates the same night, yet their stocks moved in opposite directions. The difference comes down to how each company relates to AI: selling observability to AI systems vs. using AI to replace internal headcount.
STB Hits All-Time High as a 10-Year Restructuring Nears Its End
The same week Sacombank reported its weakest Q1 profit among major banks, STB hit the daily price ceiling and reached a historic high. The paradox has a clear explanation rooted in a decade-long restructuring story.