Coronavirus causes stock market plunge
Petri Deryng
27.07.2021
Vietnam is being hit hard by the fourth wave of the Covid epidemic. The infection rate has been on the rise since April, and the number of new cases per
Vietnam is being hit hard by the fourth wave of the Covid epidemic. The infection rate has been on the rise since April, and the number of new cases per
Vietnam’s rapidly rising Covid-19 numbers caused a strong sell-off at the very end of the trading day on Tuesday, with the VN Index dropping about four percent in less than
PYN Elite NAV gained 6.1% in June, in line with VN Index, supported by VHM, MBB, VEA and VRE. Despite the rising number of new Covid-19 cases, VN Index surpassed
In this investor letter we are trying to illustrate with few key data series our views of the outlook for Vietnamese stocks and PYN Elite Fund. We hope you will
PYN Elite rose strongly (+9.9%) in May supported by all our banks (+30% May and +50% YTD on average) and VN Diamond (+12% May, +42% YTD). VN index also went
PYN Elite NAV lagged behind VN Index in April, but in May our NAV has again outperformed the index. Our bank stocks have been on a tailwind, and the heavily