Update research from QuotedData.

RNS Number : 6281V
VietNam Holding Limited
14 December 2021
 

Vietnam Holding Limited - Update research from QuotedData

14th Dec 2021

 

Asia's emerging champion

 

Since we last published on Vietnam Holding (VNH), the Vietnamese economy has gone from strength to strength, lifting the country's equity markets, which are among the best performing globally year-to-date (YTD). VNH has captured this and more - outperforming local and global indices, and its direct competitors (see details of VNH's performance versus its peers on pages 18 and 19). Despite this impressive performance, there is still much to go for - attractive valuations (despite the strong earnings growth potential - see page 4); domestic income that has passed US$3,000 per head (which the manager identifies as an inflexion point from which it could accelerate); a boom in exports as multinationals continue to diversify their supply chains; further benefits to come from privatisation; and, over the medium term, the potential for Vietnam's elevation to the MSCI Emerging Market index. With its decent track record and strong environmental, social and governance (ESG) focus, we see room for VNH's currently double-digit discount to narrow from here (see page 20).

 

Full research:

https://quoteddata.com/research/vietnam-holding-limited-asias-emerging-champion-qd

This research is also available free on our website www.quoteddata.com where you will also find news, performance data and factsheets on every London listed Investment Company. QuotedData writes and distributes research on a number of quoted companies, facilitates meetings between those companies and existing and potential investors and assists in raising additional capital where required.

NB: Marten & Co was paid to produce this note on Vietnam Holding Limited and it is for information purposes only. It is not intended to encourage the reader to deal in the security or securities mentioned in this report. Please read the important information at the back of this note. QuotedData is a trading name of Marten & Co Limited which is authorised and regulated by the FCA. Marten & Co is not permitted to provide investment advice to individual investors.

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