When it comes to P/E ratios compared to the 6-year average, ABS believes that large-cap industry groups have been heavily discounted.

In 2019, when the company had a workforce of approximately 45,000 employees, Mr. Nguyen Duc Tai likened Thế Giới Di Động to a ship, with no employees or workers, but only a crew of 45,000 sailors setting sail together to fish and share the rewards. 2023 marks the first time in the past 10 years that the ship has reduced its crew.

Quốc Cường Gia Lai recorded a net profit of 13.7 billion VND in Q4/2023, resulting in a full-year profit of 10.2 billion VND for 2023, a decrease of 68% compared to the performance in 2022.

In Q4/2023, Nova Consumer recorded a net loss of over 173 billion VND, marking the sixth consecutive loss since its IPO in early 2022. With losses in all four quarters, the company's annual net loss for 2023 reached 247.7 billion VND.

Large bank stocks continued to decline, making it difficult for the VN-Index as the Lunar New Year approaches. However, the main index managed to recover and surpass the 1,180-point mark thanks to the strong performance of a few individual stocks. Despite the recent closure of 200 stores by Thế giới Di động, MWG emerged as the market leader.

If you combine the market cap of Vietcombank and BIDV, along with the market cap of Vietinbank (which is approximately 960 trillion VND), it already surpasses the market cap of the top 30 largest real estate enterprises (which is around 788 trillion VND).

Throughout the year 2023, this bank achieved a pre-tax profit of over 928 billion VND, a decrease of 16.2% compared to 2022 and only 73% of the set plan was accomplished.

Starting from the beginning of the year, banks have been implementing various low-interest credit packages, offering loans to pay off debts from other banks... with the aim of stimulating the demand for home loans.

Military Commercial Joint Stock Bank (MB - code: MBB) has recently announced the schedule for its Annual General Meeting of Shareholders (AGM) for the year 2024.

Amidst the declining business results of many banks in 2023, the Tet bonus for employees has also significantly decreased. In fact, some branches do not have any Tet bonus or only give symbolic bonuses to their employees.