The VN-Index retreated by 1.8% in October as sentiment weakened due to a stronger USD, which led to a VND depreciation of 2.8% MoM against the greenback. PYN Elite saw
PYN Elite outperformed the VN-Index, up +3.4% in September, thanks to the strong performance of our banks. Meanwhile, VN-Index only increased +0.3%. The State Bank of Vietnam has targeted this
PYN Elite rose by 3.1% in August, outperforming the VN Index’s 2.6%, driven by banks’ outperformance and DBC (+10.9%). Despite initial uncertainty over Vietnam’s leadership change, local businesses perceive the
The market had a turbulent July as the VN Index fluctuated sharply between 1220 and 1300, closing +0.5% MoM. PYN Elite NAV remained unchanged from June. The market was supported
PYN Elite +1.8% in June, beating VN-Index’s sluggish performance -1.3%. Our aviation stocks continued to rally, ACV +18% and HVN +19%. The National Assembly passed in the annual meeting the
PYN Elite rose 5.0% in May, outperforming the VN Index’s 4.3%, driven by ACV (+24%) and CMG (+36%). The Vietnamese technology sector is advancing up the value chain and becoming