PYN Elite agreed in November to acquire a 12% stake in a technology company DNSE. This transaction has now been completed. The final regulatory statement required to complete the transaction
VN-Index and PYN Elite both gained +3.3% in December, led by brokerage, retail and banks. The long-awaited new trading system – KRX launch isexpected in the first half of 2024. All-year
In this interview, PYN Elite’s Lan Nguyen talks about the reallocation of the portfolio, news from the Vietnamese stock market and the banking sector, and comments on Vietnam’s relationship with
The last Investor Letter of the year is a new edition of Portfolio Manager’s Q&A. This time, the portfolio manager reflects on the fund’s modest returns, but also offers a
In November, the VN-Index bounced back by +6.4% from the previous month’s sell-off, propelled by the broker, real estate, and oil & gas recovery. PYN Elite rose by +5.7%, with
Vietnam’s stock market index is still struggling around the thousand points level. Daily events take the index up and down in very short cycles. In Vietnam, the slowdown in economic