Ly Tran

Ly Tran

May 2019

May is the time of the year when market timers start prompting investors to “sell in May and go away”. Indeed, VNIndex fell 2.02% due to the trade war and oil price plunge. However, market timing is for traders, not…

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December 2018

Vietnam’s economy ended 2018 on a positive slew of superlatives. 2018 GDP growth reached 7.08%, the highest in 11 years and exceeding the government’s target. PMI in Dec as well as the average PMI of 2018 was 53.8, the highest…

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September 2018

In September, PYN Elite Fund advanced 4.2%, outperforming VNIndex which was up 2.8%. The fund was supported by MWG and our midcap stocks. It seems investors are increasing interested in small and midcap stocks where valuations are the most attractive.…

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June 2018

A stronger dollar and fear of a US-China trade war kept the Vietnam stock market soft: VN Index lost 1.1% in June, the third month of correction in a row. Liquidity declined, but foreigners’ net selling slowed down to a…

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March 2018

In March, PYN Elite fund decreased by -0.8% due to a dip in MWG, CII and a stronger Euro while VN Index advanced +4.7% to a new high. While this is the 7th month in a row that PYN Elite…

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