News about building materials

In its Q4 2026 strategy report, BIDV Securities (BSC) prioritises three sectors that benefit from domestic growth and have cheap or reasonable valuations: banking, retail and building materials. Building materials was upgraded on expectations of stronger public investment disbursement in Hanoi and Ho Chi Minh City, with sector profit forecast to grow about 22% in 2027. Hòa Phát (HPG) has a target price of 32,700 VND, implying 60% upside, with profit expected to rise 81% in 2026 and 17% in 2027. Among banks, BSC picks Vietcombank (VCB), MB (MBB) and VPBank (VPB), while in retail, Thế Giới Di Động (MWG) is rated attractive with a forward 2027 P/E of about 8.7 times and a target price of 102,500 VND (39.6% upside). Separately, FPT is viewed positively as new contract signings rose 28% in the first nine months of 2026.