News

Moody’s upgraded Vietnam’s rating

Credit rating agency Moody’s upgraded the Government of Vietnam’s Bond ratings to Ba2 from Ba3. The outlook is stable. The upgrade reflects the assessment by Moody’s that Vietnam’s economy has

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PYN Elite up 1.9% in August

VN Index +6.2% in August, lifted by VCB, BCM, and consumer stocks. PYN Elite +1,9 %, as our turnaround stocks VRE and ACV took a pause and dampened our performance.

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In Bunny we trust

Credit rating agency Moody’s and the World Bank have recently raised their forecasts for Vietnam’s GDP growth for 2022. Moody’s expects 8.5 percent growth and the World Bank 7.7 percent.

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PYN Elite up 0.9% in July

Vietnam’s stock market had a bumpy start to July as the VN-Index fell to a 17-month low of 1149 points on July 6th. It then started bottoming out and recovered

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PYN Elite down -7.9% in June

VN-Index -7.4% in June due to weak performances of bank, brokerage, steel and real estate stocks. PYN Elite -7.9%. As of 6 months, VN-Index shed around 20%. MSCI’s All-Country World

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