A summer note
Petri Deryng
30.06.2026
I’m writing this investor letter on a small island in the Sipoo archipelago. I can see the little ones of the bird families have hatched and are hopping around in their
I’m writing this investor letter on a small island in the Sipoo archipelago. I can see the little ones of the bird families have hatched and are hopping around in their
VN-Index +0.5% in May, supported by a few oil & gas stocks while peace in the Middle East is not reached, notably BSR (+26%) and GAS (+16%). Early in the
Maggie Yi, a member of PYN Elite’s portfolio management team, dropped by the Inderes studio during her visit to Helsinki to talk about the outlook for Vietnam. “I spent a
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