The situation with Covid-19 has taken a turn for the worse in Vietnam. The local government of Ho Chi Minh City made a drastic decision: the city was closed, and
COVID resurgence caused the VN index to correct by -7% in July, and PYN Elite dipped by -5.5%. VN Index still gained +18.7% YTD, being the 2nd best performing index
Vietnam is being hit hard by the fourth wave of the Covid epidemic. The infection rate has been on the rise since April, and the number of new cases per
Vietnam’s rapidly rising Covid-19 numbers caused a strong sell-off at the very end of the trading day on Tuesday, with the VN Index dropping about four percent in less than
PYN Elite NAV gained 6.1% in June, in line with VN Index, supported by VHM, MBB, VEA and VRE. Despite the rising number of new Covid-19 cases, VN Index surpassed
In this investor letter we are trying to illustrate with few key data series our views of the outlook for Vietnamese stocks and PYN Elite Fund. We hope you will