Slowly, but to right direction
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
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
VN-Index -10.9% in October, the strongest decline since Sep-2022. PYN Elite was in line at -10.5% MoM. The market became more jittery as VND depreciated 3.7% against USD in 3
The VN-Index down -5.7% in September. PYN Elite -7.4%, an extra hit from VND weakness. After the Independence holiday, the market reacted positively to the US-Vietnam comprehensive strategic partnership upgrade
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
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
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