The VN-Index closed August +0.1%. PYN Elite dipped -1.7%, due to VND currency weakening against the USD by -1.6%. Earlier this month, amidst negative headlines about the bankruptcy filing of
Vietnam’s stock market has gained a positive momentum. On the real economy side, however, there are still headwinds: Vietnamese consumer confidence has experienced a momentary bump, and at the same
VN Index soared 9.2% in July and crossed 1200 points for the first time since Sep-22, driven by the broad-based rallies of various sectors. PYN Elite +5.2% MoM, led by
The NAV of PYN Elite has shown positive performance during the current year. The year 2023 began with a NAV value of 395 and the latest figure has exceeded 443.
June passed with numerous events. The reduction of value-added tax (VAT) by 2 percentage points, a 50% lower car registration fee and a new 90-day visa policy were passed to
Maggie Yi of the PYN Elite portfolio team was interviewed by Antti Järvenpää from Inderes. The discussed topics were among others the market sentiment, the banks in the PYN Elite