Vietnamese Tech Defensive Blue Chips

National Bank of Canada

Market Cap: CA$81.6b

Provides financial services to individuals, businesses, institutional clients, and governments in Canada and internationally.

SJ Semiconductor

Market Cap: CN¥398.5b

Operates as an integrated circuit wafer-level advanced packaging and testing company in China and internationally.

Saudi Telecom

Market Cap: ر.س219.8b

Provides telecommunications, information, media, and digital payment services in the Kingdom of Saudi Arabia and internationally.

Singapore Telecommunications

Market Cap: S$74.6b

Provides telecommunication services to consumers and small businesses in Singapore, Australia, and internationally.

Standard Chartered

Market Cap: UK£42.6b

Provides various banking products and services in Asia, Africa, the Middle East, Europe, and the Americas.

Target

Market Cap: US$57.0b

Operates as a general merchandise retailer in the United States.

Orange

Market Cap: €48.2b

Operates as a telecommunications operator in France and internationally.

Teradyne

Market Cap: US$56.1b

Engages in the design, development, manufacture, and sale of automated test systems and robotics products in the United States, Asia Pacific, Europe, the Middle East, and Africa.

E.ON

Market Cap: €48.2b

Operates as an energy company in Germany, the United Kingdom, Sweden, the Netherlands, rest of Europe, and internationally.

Allstate

Market Cap: US$55.8b

Provides property and casualty, and other insurance products in the United States and Canada.

Life Insurance Corporation of India

Market Cap: ₹5.3t

Provides life insurance products in India, Fiji, Mauritius, and the United Kingdom.

Wal-Mart de México. de

Market Cap: Mex$957.6b

Owns and operates self-service stores in Mexico and Central America.

HOYA

Market Cap: JP¥8.8t

A med-tech company, provides high-tech and medical products internationally.

Cerebras Systems

Market Cap: US$55.2b

Operates as an artificial intelligence infrastructure company.

Industrial Bank

Market Cap: CN¥373.3b

Provides banking products and services in the People’s Republic of China.

MetLife

Market Cap: US$54.1b

A financial services company, provides insurance, annuities, employee benefits, and asset management services worldwide.

GigaDevice Semiconductor

Market Cap: CN¥366.5b

Engages in the research, development, technical support, and sale of memory, microcontrollers, sensors, and analog chips.

Cencora

Market Cap: US$53.5b

Cencora, Inc. sources and distributes pharmaceutical products in the United States and internationally.

KBC Group

Market Cap: €45.5b

Provides banking, insurance, and asset management services in Belgium, Bulgaria, the Czech Republic, Hungary, and Slovakia.

Vistra

Market Cap: US$52.7b

Operates as an integrated retail electricity and power generation company in the United States.

Arthur J. Gallagher

Market Cap: US$52.6b

Provides insurance and reinsurance brokerage, consulting, and third-party property/casualty claims settlement and administration services to entities and individuals worldwide.

Astera Labs

Market Cap: US$52.6b

Designs, manufactures, and sells semiconductor-based connectivity solutions for cloud and AI infrastructure.

Alimentation Couche-Tard

Market Cap: CA$72.2b

Operates and licenses convenience stores in North America, Europe, and Asia.

Holcim

Market Cap: CHF 40.8b

Provides building materials and solutions in Europe, Latin America, and Asia, Middle East, and Africa.

Montage Technology

Market Cap: CN¥353.1b

An integrated circuit (IC) design company, provides IC-based solutions for cloud computing and AI infrastructure in the People’s Republic of China.

Great-West Lifeco

Market Cap: CA$71.3b

Engages in the life and health insurance, retirement savings, wealth and asset management, and reinsurance businesses in Canada, the United States, and Europe.

Loblaw Companies

Market Cap: CA$71.3b

A food and pharmacy company, provides grocery, pharmacy and healthcare services, health and beauty products, apparel, general merchandise, financial services, and wireless mobile products and services in Canada and the United States.

ASM International

Market Cap: €44.2b

Engages in the research, development, manufacturing, marketing, and servicing of equipment and materials used to produce semiconductor devices in the United States, Europe, and Asia.

Entergy

Market Cap: US$51.5b

Engages in the production and retail distribution of electricity in the United States.

Microchip Technology

Market Cap: US$50.6b

Develops, manufactures, and sells smart, connected, and secure embedded control solutions in the Americas, Europe, and Asia.

First Abu Dhabi Bank P.J.S.C

Market Cap: د.إ185.6b

Provides various banking products and services in the United Arab Emirates, Europe, Arab countries, the Americas, Asia, and internationally.

Moore Threads Technology

Market Cap: CN¥341.5b

Engages in the development of GPU chips and related products.

United Microelectronics

Market Cap: NT$1.6t

Operates as a semiconductor wafer foundry in Taiwan, China, Hong Kong, Japan, Korea, the United States, Europe, and internationally.

Ambev

Market Cap: R$250.7b

Through its subsidiaries, engages in the production, distribution, and sale of beer, draft beer, soft drinks, malt and food, and other beverages in Brazil, Central America and Caribbean, Latin America South, and Canada.

Edwards Lifesciences

Market Cap: US$49.4b

Provides products and technologies to treat advanced cardiovascular diseases in the United States, Europe, Japan, and internationally.

Sberbank of Russia

Market Cap: ₽3.0t

Sberbank of Russia, together with its subsidiaries, provides corporate and retail banking products and services to individuals, small businesses, corporate clients, and financial institutions.