News

PYN Elite down -8.5% in July

Vietnam stock market had a terrible performance in July, with a max drawdown of around 10%. Better-than-expected earnings helped the market recover part of its losses. Vietnam’s infrastructure investments are

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Horrible July

Hopefully many of us have been focused on our summer holidays and have not wasted time by following the Vietnamese stock market during July. The weakness of the market has

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PYN Elite up 1.8% in June

VN-Index recovered from mid-June following the signing of a 14-point MoU between the US and Iran, which established a ceasefire framework. However, the Index still ended June -0.2%, with bank stocks leading

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A summer note

I’m writing this investor letter on a small island in the Sipoo archipelago. I can see the little ones of the bird families have hatched and are hopping around in their

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PYN Elite up 1.0% in April

The defining event of April was FTSE’s formal confirmation of Vietnam’s upgrade from Frontier to Secondary Emerging Market. The reclassification will be implemented in four tranches, beginning in September 2026

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