PYN Elite down 4.9% in October
The VN-Index reached a new ATH of 1,766 on Oct 16th, following Q3’s 8.23% GDP growth and FTSE’s decision to upgrade Vietnam to EM status (effective September 2026). It then
The VN-Index reached a new ATH of 1,766 on Oct 16th, following Q3’s 8.23% GDP growth and FTSE’s decision to upgrade Vietnam to EM status (effective September 2026). It then
Vietnam’s GDP expanded +8.23% in the third quarter, marking the strongest quarterly growth since 2011. The government is targeting growth rates of up to 10% in the coming years. Banks’
In September, the VN-Index corrected by -1.2%, while PYN declined by -3.2%. This correction, driven by increased profit-taking pressure, occurred after the VN-Index reached an all-time high, crossing the 1700-level
It has been a rewarding yet challenging year for the Vietnamese equities. To get a better idea of the situation, one can look at what has happened to FPT, which
VN Index rose 12% in August, while PYN Elite outperformed slightly at +12.3%, despite a 2.6% gain of the Euro against the VND. The index was led by banks (+20%)
For three years, 2022–2024, the VN-Index moved sluggishly and recorded a decline of -15.4%. Now things are different. The stock market is gaining good momentum, and the pace may even