LPB released its H1 2024 results with TOI of VND9.3tn (USD365mn; +54.7% YoY) and PBT of VND5.9tn (USD232mn; +142.0% YoY), fulfilling 52% and 59% of our respective FY2024 forecasts. LPB’s Q2 2024 PBT continued recording strong growth at VND 3.0tn (+5.1% Qo