PNJ’S FINANCIAL STATEMENT ANALYSIS 1 PNJ’S FINANCIAL STATEMENT ANALYSIS From the perspective of investors, we issue a BUY recommendation on PNJ The following factors warrant the BUY recommendation 1 PNJ has very strong comparative advantages and possesses a valuable opportunity for prosperous development In the first 6 months of 2016, GDP of Vietnam has decreased remarkably, mainly due to the impact of environmental factors In the first six months of 2016, the GDP has increased but the growth ra.