In November, the VN-Index bounced back by +6.4% from the previous month’s sell-off, propelled by the broker, real estate, and oil & gas recovery. PYN Elite rose by +5.7%, with
Vietnam’s stock market index is still struggling around the thousand points level. Daily events take the index up and down in very short cycles. In Vietnam, the slowdown in economic
VN-Index -10.9% in October, the strongest decline since Sep-2022. PYN Elite was in line at -10.5% MoM. The market became more jittery as VND depreciated 3.7% against USD in 3
Vietnam’s economy is on the right track, even though it may not be evident from the recent decline in stock prices. In this Investor letter, we will take a closer
The VN-Index down -5.7% in September. PYN Elite -7.4%, an extra hit from VND weakness. After the Independence holiday, the market reacted positively to the US-Vietnam comprehensive strategic partnership upgrade
The strong upward momentum seen in the Vietnamese stock market at the beginning of summer has slowed down a bit. Globally, the uncertainty of investment markets and the economy has