VEA [BUY +20.5%] - Earnings to rebound as vehicle sales recover - Update
  • 25 Aug 2022
  • Company Research
We maintain our BUY rating as we like VEA’s large exposure to Vietnam’s extensive motorbike (2W) market and the long-term growth of the country’s auto (4W) consumption along with robust dividend yields. We increase our target price (TP) by 1% as we raise