9th Aug 2023 09:54
Vietnam Enterprise Investments Ltd - closed-end fund primarily investing in Vietnamese-listed equity - Net asset value per share is USD8.66 on June 30, up 4.8% from USD8.28 on March 31. Total net asset value is USD1.8 billion, up from USD1.7 billion quarter-on-quarter. Vietnam Enterprise expects that it will have a strong performance in the second half based on the Vietnamese government's fiscal measures and "other support measures" accelerating throughout the year.
"Despite some scepticism in the foreign press about the pace of policy approvals, the government continues to emphasise that public investment is a key theme for economic development over the next five years," says Portfolio Manager Dien Vu.
Current stock price: 639.16, down 0.4%
12-month change: down 5.5%
By Will Neill, Alliance News reporter
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