Vietnam gives now around 1.5 million vaccinations daily. If it can maintain this pace, Vietnam will have the full coverage rate of 70 % in 46 days, on the 6th of December. The vaccination rate has already reached high levels…
The Vietnamese stock market has once again taken a few steps back due to news of Covid-19. In about a week, the VN Index has declined five percent. Investors have been frightened because of the increased infections numbers and the…
The situation with Covid-19 has taken a turn for the worse in Vietnam. The local government of Ho Chi Minh City made a drastic decision: the city was closed, and a two-week curfew took place. Army units were brought into…
Vietnam is being hit hard by the fourth wave of the Covid epidemic. The infection rate has been on the rise since April, and the number of new cases per day has now exceeded 5,000. Until lately, the stock market…
Vietnam’s rapidly rising Covid-19 numbers caused a strong sell-off at the very end of the trading day on Tuesday, with the VN Index dropping about four percent in less than half an hour. Local investors were nervous about the news…
PYN Elite NAV lagged behind VN Index in April, but in May our NAV has again outperformed the index. Our bank stocks have been on a tailwind, and the heavily weighted housing developer Vinhomes has also picked up. Companies in…
PYN Elite core holdings include 15 positions representing 94 percent of the portfolio. Half of the core holdings have already published their Q1 results. Airfreight company SCS’s earnings were up only 11 percent, and the company’s business will be returning…
Fitch upgraded Vietnam’s outlook in April from stable to positive. Credit Rating Agency highlighted in the review Vietnam’s ability to sustain high growth and the brisk outlook of the economy. Vietnam’s public debt-to-GDP ratio also stands out, as it reflects…
Vietnam’s stock market has got to a jittery start for 2021, but it’s all due to the relatively fast move up in less than 10 weeks from 900 points to 1200 level. The year 2021 looks very good for the…
The Vietnamese Stock market has started the year 2021 with bullish expectations. Companies’ earnings previews from the last quarter of 2020 have been strong, and the local analysts have confirmed the robust growth estimates for the year 2021. The forecast…