Viettel Group14.14% Government 9.43% (State Capital and Investment Corporation)
P/E 4.7 P/B 1.0
90% similarity of VNindex movement. This can be another good alternative Index investment with promising dividend. (Most Vietnam index fund ETF do not distribute dividend, unlike Vanguard/ BlackRock ETF products.) Unique brand value.
MBS : MB securities MIG : MB insurance
With the IT/ security support and research from Viettel Group, the Bank will have enough resource to deal with growing of future Fintech Companies. However MB has not showed any innovative products/ services, remain traditional banking.