14th Mar 2023 11:08
Vietnam Enterprise Investments Ltd - closed-end fund primarily investing in Vietnamese-listed equity - Net asset value decreases by 11% to USD7.76 per share as of February 28 from USD8.70 at January 31. This is compared to a fall of 9.0% in its reference index, the Vietnam index. VEIL Portfolio Manager Dien Vu says: "Following two months of double-digit returns the Vietnam Index fell 9.0% in February. This was mainly due to unease over recent missed payments in the corporate bond market and renewed concerns of a higher terminal Federal Reserve rate."
Current stock price: 554.00 pence each, down 2.0% on Tuesday morning in London
12-month change: down 23%
By Xindi Wei, Alliance News reporter
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