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
So far in Q1, 238 Vietnamese listed companies have reported their results. Their combined earnings growth is +43%. These companies represent only 17% of the total market, but we can
The VN-Index fell sharply by 11% in March as a broad sell-off spread across sectors, driven by concerns over the ongoing US and Israel war with Iran. The index briefly
The situation in the Persian Gulf is particularly serious for Asian economies, as they import most of their crude oil from the Middle East. However, we believe that political pressure
VN-Index +2.8% in February, fueled by VIC’s stellar +22.4% rally. In line with seasonal trend, the market faced significant selling pressure before the Tet holiday due to margin deleveraging and
Vietnam’s stock market index shows positive momentum, rising 4.3% year-to-date. Over the same period, PYN Elite has outperformed the index with a 5.5% return. However, market performance has been volatile,