Vietnamese companies had a good earnings growth momentum and the year 2020 was ripe for an excellent market performance. After a strong start in January, we witnessed in the spring
VNIndex + 2.2% in Oct, – 3.7% YTD, while PYN +2.0% in Oct and +4.4% YTD. The index had a strong rally for the first three weeks of October as
I ended up putting more personal money into PYN Elite fund in the last week subscription. In these last few weeks I have followed very closely companies Q3-reportings of our
After couple of years of sluggish performance, the Vietnamese stock market was ripe for a big year in January 2020.But it all turned upside down. In the beginning of the
VN Index +2.7% in Sep, -5.8% YTD; while PYN Elite +4.9% in Sep, and +2.4% YTD. The fund’s outperformance was attribut-ed to overweight on banks: the 7 bank stocks in
The momentum of Vietnam’s economy has slowed following the rest of the world, but the country continues along its growth trajectory and the course for this decade has been set.