81 of 83 Equity Funds Profitable in April, 3 Beat VN-Index
81 out of 83 Vietnamese equity funds reported gains in April 2026, but only 3 actually beat VN-Index. Here's what you need to understand when reading monthly fund performance reports.
May 21 Fuel Adjustment: VJC and VTP Face the Highest Margin Risk
After the May 21, 2026 price adjustment, the petroleum stabilization fund is no longer absorbing cost shocks. With the thinnest operating margins in the transport sector, VJC and VTP are the stocks to watch most closely when markets open on Friday.
SpaceX IPO: Starlink Funds the AI Machine, P/S at 94x
SpaceX's S-1 filing makes the company's financials public for the first time: Starlink earned over $1.2 billion in profit last quarter, yet SpaceX lost $4.94 billion for the full year 2025. Where did the money go, and what are SPCX buyers actually betting on?
PC1 Q1 Profit Up 86%, Core Business Still in the Red
PC1 reported an 86% profit surge in Q1/2026 amid a governance crisis. Most of the gain came from two one-off items; the core business posted a loss and operating cash flow fell to negative VND 528 billion.
MSCI June 2026: 17 of 18 criteria met, forex access still unresolved
Five weeks from the MSCI annual review, Vietnam ticks 17 of 18 market access criteria. The one sticking point is forex liberalization. Three scenarios are on the table, and each one demands a different portfolio response.
April FOMC Minutes: Fed Leans Toward Hikes, Not Cuts
The April 2026 FOMC minutes reveal that a majority of Fed officials see further tightening as appropriate if inflation stays above 2%, upending the rate-cut thesis that many equity investors were counting on.
Three Forces Behind Vietnam's Red Board in a Green Asia
On the morning of May 21, VN-Index fell 0.77% to 1,898 points while KOSPI surged 6% and Nikkei 225 added 3.7%. Vietnam is not moving against the world. Three separate internal forces are driving the index, each with its own independent logic.
WTI Below $100: Three Things to Re-read Before the May 21 Session
WTI crude just fell below $100 for the first time since Hormuz was blockaded. The Iran risk premium built into BSR, GAS, and PLX over two months is starting to unwind.
Nvidia $81.6B: AI Profits Concentrate at the Chip Layer
On the same evening of May 20, Nvidia reported record revenue of $81.6 billion while Meta announced 8,000 layoffs. Two stories, one mechanism: AI profits are pooling at the chip infrastructure layer.
Vietnam's Fuel Fund Runs Dry: Three Scenarios for May 21
The BOG stabilization fund has barely VND 199.92 billion left as Brent recovers nearly 20% to USD 108/barrel. Wednesday's Ministry announcement will determine whether prices hold, rise, or fall on their own.
Q1 Profit Up 38.4%: Four Names Carry Half the Growth
Four companies contributed nearly half of the absolute profit increase across Vietnam's listed market in Q1/2026. Strip them out and the rest of the market grew just 15.4%. Both numbers are correct, but they tell entirely different stories.
DXG -6.88% on Bluemarq Launch Day: When Good News Is Already in the Price
Bluemarq Group officially launches, Q1 net profit surges 173%. So why did DXG fall sharply on the same day? Three mechanisms explain the paradox and what investors should watch next.