Thematic Report

Decreasing deposit rates on most terms/Excess liquidity and cost reduction are 2 main reasons for the cut

VN30 Index, VNFin Lead Index & VNDiamond Index

Boosted by stronger domestic demand

Lowest in decades

Exports improve slightly but imports worsen

Rebound still weighed down by coronavirus

Deposit rates dip but may rise again

Off April highs but still at elevated levels

May down sharply but July recovery expected

FTSE Vietnam & MVIS estimated changes