With strong GDP growth, a stable macroeconomic environment, increasing exports, and record levels of foreign direct investment, it is easy to see why Vietnam is considered among the world’s most exciting markets. Half of the population of 95 million is under age 35, and an expanding middle class has created a compelling domestic consumption story that has attracted the attention of companies from around the globe.
VOF gives investors access to a range of carefully selected investments in the listed and private companies that are participating in, benefitting from, and driving the sustainable growth Vietnam is experiencing today.
Latest commentary from our fund manager
The beginning of February saw volatility across the world’s stock markets, and Vietnam was not immune. Early in the month, the VN Index declined as much as 8.7%, only to seesaw back to positive territory to end the month up 0.9% in USD terms. While foreigners modestly turned to net sellers during the month, retail investors were active and helped drive the market forward. By the end of the month, the VN Index’s yearto-date rise was 13.8%, far outperforming regional and global peers.