VIB released strong results for Q1 2020 with NPAT-MI of VND860bn (USD36.9mn; +32.8% YoY), completing 22.3% of our 2020 full-year forecast. Annualized ROA and ROE from Q1 2020 numbers were 1.8% and 24.8%, respectively. Net interest income (NII) surged by 2