We lift our target price (TP) by 1.1% to VND17,800 and maintain a BUY rating as we supplement our market capitalization to loan and deposit valuation methodology with a residual income valuation, weighted one fourth for each market cap approach and one half for the residual income approach. The residual income valuation adds upward pressure to our TP while we opt for a lower instead of mid-point for market capitalization to loan and deposit, producing downward pressure on our TP.