VIC posted H1 2019 net revenue of VND61tn (USD2.7bn, +1% YoY) and NPAT-MI to reach VND2.4tn (USD105mn, +121%), mainly driven by (1) solid performance from property sales with improving margin profitability (further details in our Vinhomes (VHM) Earnings Flash Growth remains solid with improving profitability dated July 30, 2019).