In September, the VN-Index corrected by -1.2%, while PYN declined by -3.2%. This correction, driven by increased profit-taking pressure, occurred after the VN-Index reached an all-time high, crossing the 1700-level
It has been a rewarding yet challenging year for the Vietnamese equities. To get a better idea of the situation, one can look at what has happened to FPT, which
VN Index rose 12% in August, while PYN Elite outperformed slightly at +12.3%, despite a 2.6% gain of the Euro against the VND. The index was led by banks (+20%)
For three years, 2022–2024, the VN-Index moved sluggishly and recorded a decline of -15.4%. Now things are different. The stock market is gaining good momentum, and the pace may even
VN-Index +9.2%, reaching a new ATH of 1,557 on July 28. PYN Elite outperformed with a 13.2% gain, led by banks and brokers. This spring, we doubled our brokerage exposure
The recent strength of the Vietnamese stock market is largely driven by these factors: A tariff agreement between the U.S. and Vietnam has been concluded. The published framework appears promising,