VIETNAM · MARKETS · INVESTMENT RESEARCH

Research for decisions, not predictions.

OpenBDS explains how market data changes cash flow, valuation and portfolio risk. Every analysis states its sources, assumptions and limits.

Fixed income · DEEP DIVE

Bond prices and interest rates: YTM, duration, convexity and credit spread

A practical framework for separating income, interest-rate sensitivity and credit risk before treating a bond as a safe asset.

12 min read

Real estate

How to calculate BCR from discounted cash flows and read it alongside NPV, IRR and debt-service capacity.

Real estate

A practical plan covering segment, customer, legal gates, unit economics, funding, scenarios and operating KPIs.

Real estate

How conditional third-party holding differs from deposits, blocked accounts, bank guarantees and ordinary project-payment accounts.

EDITORIAL STANDARD

Our English edition begins with four high-intent research notes. The Vietnamese edition remains the complete archive.

ADVISER

Investment adviser · Vietnam