Macro/ Strategy

Based on data from Fiinpro, we collected the financial result of companies in VN30, VNMid, VNSmall and HNX30 (which will be called “the Stock Group”). The data will be used to be a representative to analyze the financial picture of the whole market in 2024 and Q4 2024. Companies are categorized in sectors by ICB industry level 2 classification.

Sectors are classified into 5 main groups: Recovery group, Steady growth group, Special growth, Cyclical group and Decreasing profit tendency group. The sectors in each group are shown in the charts on the side. Based on the forecast of SSV research department and the business results trend by the end of 2024, we believed that the sectors could achieve an impressive growth in 2025 are (1) bank, (2) IT, (3) automobiles & spare parts, and (4) industrial goods & services.