Interest rate hikes by the Fed and the ECB are keeping equity investors on edge. The Vietnamese economy and stock markets are bending but will not break. Here are a
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
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.
Vietnamese financial news media CafeF has published an interesting article about PYN Elite Fund and the portfolio manager Petri Deryng. CafeF goes through the early years of the fund in
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.
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