News

PYN Elite down 1.7% in October

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

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PYN Elite up 3.4% in September

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

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Focus in growth companies

The Vietnamese market has become too cheap relative to the earnings growth forecasts for this year and next. Although the earnings growth of Vietnamese banks slowed in 2022 and 2023,

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