Investor Letter 2/2020
The VN index return was –13.4% this year on the date of this letter. PYN Elite’s value has also declined by roughly 8% YTD. Events in financial markets has been
The VN index return was –13.4% this year on the date of this letter. PYN Elite’s value has also declined by roughly 8% YTD. Events in financial markets has been
The Vietnam Stock Exchange started in 2020 with an index reading of 960 (A). The Vietnamese economy was having good growth and the earnings expectations of listed companies were rather
The negative impact of Covid-19 deepened in April and as a consequence, many governments worldwide were forced to either lock down their countries or utilize tough social distancing. In the
The signals of the COVID-19 epidemic from Vietnam have been encouraging this week. People have been able to return to shopping malls and streets. The virus no longer seems to
The Vietnamese stock exchange has been on a slide since April 2018 by 35.2 percent. Decline is now 18.8% since the beginning of this year. After the weak two-years performance,