IN BRIEF: Vietnam Enterprise beats index in 2024 but tariffs hit 2025
Vietnam Enterprise Investments Ltd - invests in listed equities in Vietnam - Net asset value rises 12.2% in dollar terms and 14.3% in sterling terms in 2024, outperforming the Vietnam index, which rises by 8.8% and 10.8%, respectively. The share price also rises during 2024, though not by as much, causing the discount to NAV to widen to 21.2% from 18.1%. Since the start of 2025, the company's share price has fallen due to the announcement of trade tariffs by the US, which initially fell heavily on Vietnam. Read More