Credit rating agency Moody’s and the World Bank have recently raised their forecasts for Vietnam’s GDP growth for 2022. Moody’s expects 8.5 percent growth and the World Bank 7.7 percent.
Vietnam’s stock market had a bumpy start to July as the VN-Index fell to a 17-month low of 1149 points on July 6th. It then started bottoming out and recovered
VN-Index -7.4% in June due to weak performances of bank, brokerage, steel and real estate stocks. PYN Elite -7.9%. As of 6 months, VN-Index shed around 20%. MSCI’s All-Country World
Maggie Yi from the portfolio team of PYN Elite was recently interviewed by Inderes. In the video interview Maggie talked about the recent turmoil in the market but also about
We thought PYN Elite’s previous Investor Letter on March 15 was so good in content, that now we ended up sending it again – with fresh comments. In addition to
VN index -5.4% in May dragged down by steelmaker HPG and banks. PYN Elite (-1.6% MoM) fared better as VHM rose 10% on a successful project launch. In May, the