In October, the arrest of unlisted real estate (RE) developer Van Thinh Phat (VTP) Chairwoman and unlisted bank SCB’s involvement in its illegal issuance of multi-billion dollar worth of corporate bonds cast a shadow on Vietnam’s stock market. VN-Index tumbled…
Vietnam’s stock market had a bumpy start to July as the VN-Index fell to a 17-month low of 1149 points on July 6th. It then started bottoming out and recovered strongly over the rest of July before closing the month…
Vietnam’s continued crackdowns on bond market irregularities and stock market manipulation with several arrests have sent the VN-Index down by 8.4% in April. PYN Elite -10.2%, led by the declines of VHM, CTG, TPB and MBB. Despite the short-term damage,…
Russian invasion of Ukraine in the last week of February as well as the built-up tensions before the event have created a large divergence in Vietnam’s stock market throughout the month, as witnessed in the rallies of the Energy sector (+10%)…
Vietnam finished 2021 as one of the top-performing markets globally with VN-Index +1.3% in Dec and +35.7% YTD. PYN Elite outperformed, with NAV +4.8% MoM and +42.7% YTD. This month, we have fully locked in 438% gain from our CEO…
PYN Elite NAV +6.8% in October, supported by gains in NLG, VHM and TPB. The VN Index rallied past 1,400 to reach a new ATH of 1,444, making Vietnam one of the best-performing markets globally with gains of +7.6% MoM…