VN-index +2.5% in March, led by large-cap stocks. PYN Elite outperformed at +2.6%, despite the VND weakening 2.1% against the USD. Vietnam’s average deposit rate continued to be lower, at
At the beginning of February, the PYN Elite fund celebrated its 25th anniversary. For the past ten years, the fund has been operating in Vietnam, and during that time NAV
In February, the VN-Index surged 7.6% driven by the banking sector. PYN Elite gained only 5.2%, when Sacombank took a pause and the VND depreciated 1% against the USD. Late
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No doubt, that one can expect good returns from Vietnam in 2024. Based on the performance of the VN-Index, local investors are getting ready to jump into the market. PYN
Vietnam market had a strong start to 2024 with VN-Index +3.0% in Jan. PYN Elite +6.8% MoM, driven by the stellar rallies of ACV and the banking stocks. Our 6