VIB released 9M 2023 results with NPAT-MI of VND6.7tn (USD271mn; +6.5% YoY), achieving 69% of our FY2023 forecast. These results imply Q3 2023 NPAT-MI of VND2.1tn (-3.9% YoY & -9.0% QoQ). Overall, VIB’s bottom-line results marginally trailed our expectati