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Finnish investment fund PYN Elite posted its biggest loss in September — 13.19% — since March 2020 as the Vietnamese stock market tumbled amid global headwinds. In the year to date the VN-Index lost 30.9% while PYN lost 28.65%. “Vietnamese stocks are already cheap, but they can of course decline …

As the international peak travel season approaches, Vietnamese firms hope for a considerable uptick in foreign tourist groups using their services. Visa hassles remain a stumbling block, though. Pham Ha, CEO of Lux Group, which specializes in organizing luxury cruise tours, said revenues in the first nine months this year …

The number of new retail accounts opened at securities brokerages plunged to 102,144 in September, the lowest since July last year, in lockstep with the market’s downward spiral. It fell for a fourth month in a row after reaching a historic peak of 476,332 in May. In the year to …