TPB was among the first ones from our portfolio to come out with the Q3/2022 results. The bank continued its strong performance. In Q3 its earnings growth was 54% YOY,
VN Index -11.6% in September, dragged by blue chips. VN-30 Index, representing the 30 largest market value stocks -11.5%. The average daily trading value on HOSE fell to about $566m
Bloomberg is reporting on Vietnam’s stock market’s cheap valuations. “The gauge now trades at about 9 times estimated earnings over the next year, its lowest since 2012.” Bloomberg points out
The NAV of PYN Elite plummeted last spring. At the time, the most significant reason seemed to be the disciplinary measures at the Vietnamese bond market and stock exchange, when
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