BSC_Marco Market 3Q.2021_Social distance incoming end, recovery potential_20211013

MACRO ECONOMY 3Q 2021
01 Economic growth in EU and US positive
02 Recovery expectation after conclusion of social distance measures
03 Vaccination accelerated bringing prospect of recovery
04 FDI prospect improved
05 Decline in trade growth rate
06 Inflation gradually stabilize
07 Maintaining supportive policy
08 VND continued appreciating

MARKET 4Q 2021
09 Forecasts for September 2021
10 VNIndex’s P/E rises to Asia 13th position
11 9/11 tier 1 sectors grows
12 Market capitalization of 3 exchanges reached VND  6.87 million billion
13 Foreign investors maintain selling momentum in Q3
14 Domestic investors remian a positive trade in Q3
15 Bond issuance remained at a high level
16 Factors affecting the market in the fourth quarter
17 Investment strategies in 4Q.2021

APPENDIX