VEA [BUY +21.5%] - Vehicle sales to rebound in 2024-25 - Update
  • 09 Nov 2023
  • Company Research
- We maintain our BUY rating as we like VEA’s large exposure to Vietnam’s extensive motorbike (2W) market, the long-term growth of the country’s automobile (4W) consumption, along with its robust dividend yields. - We cut our target price by 4% as we decr