VCB released H1 2021 results with TOI of VND28.6tn (USD1.2bn; +24.2% YoY) and NPAT-MI of VND10.9tn (USD472mn; +23.6% YoY), achieving 49.4% and 46.5% of our FY2021 forecasts, respectively. The increase in NPAT was mainly due to (1) a 23.7% YoY increase in