The Vietnamese government’s sudden move to clean up stock manipulation caused the crash in the Vietnamese stock market this April and May. Investors who had manipulated stocks of their own companies were arrested. In the sell-off, the VN-Index plummeted 20…
The news of the joint military exercises between Russia and Vietnam, published by the Russian state newspaper Ria Novosti on the 19th of April, has proved to be a hoax, as we had already assumed. This was Russian propaganda, with…
In recent weeks, the Vietnamese stock market has fallen, and the VN-index is now -6.1% YTD. PYN Elite NAV is -8.1% YTD. For the six months, the VN-Index is +0.8% while PYN Elite NAV is up +7.7%. In this post,…
The human tragedy rises above everything in the Russian invasion of Ukraine. The absurd violence and the fact that innocent people are getting killed fulfils our minds and cannot be ignored. However, even with all the ongoing horrors, I summarize…
VEA’s associate company Honda announced January sales number yesterday: 277,000 Honda mopeds. The number is very good, because now monthly sales came back to pre-corona level. Also, VEA’s car manufacturing associate companies Toyota, Ford and Honda are expected to have…
All our core companies recorded profits for the challenging corona year of 2021, although the earnings of ACV (airports) and VRE (mall operator) dropped. The Vietnamese brokers doubled their earnings, but we took our profits from them already last year.…
During the past few years, investors across the world have achieved excellent returns in the US market and in growth stocks in particular. Many investors can congratulate themselves for what they have accomplished. Nevertheless, it looks like we are transitioning…
According to its earning preview of today TPB had an excellent year 2021 despite the ongoing pandemic. ROE 22.61%. TPB’s capital adequacy ratio (CAR) is at 14% which allows the bank to build on future growth (SBV has set a…
PYN Elite’s original VN-Index target of 1800 was set at the time when Vietnam’s foreign reserve looked fragile, and government bond yields were 8%. At present, Vietnam’s foreign reserve has steadily increased, which lowered country risk substantially, and its government…
Vietnamese companies have started to publish their third-quarter results. So far around ten percent of the listed companies have released their results, and based on these numbers, we can be cautiously satisfied. During the third quarter, the Vietnamese economy was…