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IN BRIEF: Vietnam Enterprise beats benchmark in first quarter

4th May 2022 10:48

Vietnam Enterprise Investments Ltd - closed end investment trust with a focus on Vietnam - Net asset value in first quarter of 2022 rises 0.5%, compared to 0.3% decline in Vietnam Index, company's reference index.

Firm sees itself "heavily overweight in banking, steel, retail and technology," and "modestly overweight property in the quarter," it says. The company's investment manager expects these sectors to be "the main beneficiaries of the key trends currently driving Vietnam's development," it adds.

Current stock price: 737.00 pence

12-month change: up 15%

By Tom Budszus; [email protected]

Copyright 2022 Alliance News Limited. All Rights Reserved.


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Vietnam Enterprise Investments
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