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VCSC Daily - Stocks leap to nine-year high as earnings bolster optimism - DHG, NVL, VPB, DPM, ACB, BVH, CII, DQC, HSG, KBC, KDH, PVD, PVS, VNM

Inflation returned in July after two consecutive months of deflation. CPI rose slightly 0.11% in July (MoM) and 0.31% (YTD). The CPI increase this month was mainly attributed to increases in foodstuffs, up 0.87% MoM, of which pig prices rebounded 3.3% due to supply shortage and vegetables rose 2.56% due to heavy rain and storms in the upper half of Vietnam.