Russian invasion of Ukraine in the last week of February as well as the built-up tensions before the event have created a large divergence in Vietnam’s stock market throughout the month,
PYN Elite was +2.7% in January, outperformed VN Index (-1.3%), driven by VRE, MBB and CTG. Vietnam market witnessed high volatility within the month: a few speculative stocks popular among
Vietnam finished 2021 as one of the top-performing markets globally with VN-Index +1.3% in Dec and +35.7% YTD. PYN Elite outperformed, with NAV +4.8% MoM and +42.7% YTD. This month,
VN Index +2.4% in November. PYN Elite (+7.3%) outperformed the index this month driven by CEO (229,3%). The real estate sector is rallying this year, on both strong housing demand
PYN Elite NAV +6.8% in October, supported by gains in NLG, VHM and TPB. The VN Index rallied past 1,400 to reach a new ATH of 1,444, making Vietnam one
VN Index +0.8% in September, and PYN Elite +2.1% supported by TPB (+22%). All eyes were on Vietnam’s fast vaccination progress: 70% of HCMC population are fully vaccinated (cf. only