Thematic Report

nCoV Portfolio Recommendations

Vietnam's 6.8% GDP growth plan may be difficult to achieve in 2020/Government stimulus should also support 2020 GDP

Steady but still lacking new growth drivers

2020 international tourist arrivals strongly affected

Tet Impact on Record January CPI & Weak Trade Data

VN30 adds PLX/POW & VNFIN LEAD drops VND/TPB

Improvements support more public spending in 2020

Only one violation and remains on the US Treasury’s currency watchlist

Government managing down inflation concerns

Overnight rates drop on excess liquidity before Tet