The VN-Index rose by +0.1% in March, primarily due to the strong performance of VIC and VHM. PYN Elite -2.7%. Recently, the State Securities Commission of Vietnam announced a comprehensive
The key message of our Investor letter is as follows: Vietnam’s political and economic future is exceptionally bright, and the country is heading toward success with strong foundations. Given these
The VN-Index gained 3.2% in February, driven by a broad-based rally, particularly in banks, brokerages, and basic materials. PYN Elite rose 0.2% as the Dong weakened 1.9% against dollar and
PYN Elite +0.10% in January, slightly outperforming the VN-Index (-0.14%), driven by gains in MBB, STB, and VCI. The market had a slow start to the year with muted trading
1. Could the Vietnamese government succeed in accelerating growth to over 7% in 2025? YES 2. Is it fair to argue that Vietnam’s economic growth will continue to outperform the
PYN Elite rose +4.0% in December, outperforming the VN-Index (+1.3%). The VND continued to weaken -0.4% compared to the USD. From the beginning of 2024, the VND has depreciated -4.8%