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
VN Index +6.2% in August, lifted by VCB, BCM, and consumer stocks. PYN Elite +1,9 %, as our turnaround stocks VRE and ACV took a pause and dampened our performance.
Vietnamese financial news media CafeF has published an interesting article about PYN Elite Fund and the portfolio manager Petri Deryng. CafeF goes through the early years of the fund in