The World Mobile Stock (MWG) Soars to Its Highest Since the Beginning of the Year, What’s Happening?

The World Mobile (MWG) stock suddenly rose to 63,500 VND/share, the highest since early 2025, reflecting a 37% increase from the April low. The surge is primarily driven by the government’s proposal to extend a 2% VAT reduction until 2026, expected to boost consumption. In Q1 2025, MWG reported revenues of 36.135 trillion VND and profits of 1.548 trillion VND, up 15% and 71% year-on-year respectively. The first quarter performance reflects 24% of the annual revenue target and 32% of the profit goal. Notably, foreign investors, including Pyn Elite Fund, are increasingly investing in MWG again. The company plans to buy back up to 10 million treasury shares and distribute a 10% cash dividend. SSI Research forecasts MWG’s profit growth will continue at 15-20% from 2026-2028.