Tuan Bui Minh talks to Proactive New York's Christine Corrado about Vietnam Enterprise Investments (LSE:VEIL) Limited.
The company has just published their third quarter results which revealed for the first nine months of 2021, VEIL's NAV was up 38.1% versus 24.5% for the VNI index. Against the backdrop of the fourth wave of COVID in Vietnam, VEIL only reduced 2.8% in Q3, outperforming the VNI's loss of 3.3%.
· VEIL's primary strategic concentration is in the important banking, property and steel sectors which they say makes them best positioned to be the main beneficiary of the trends currently driving Vietnam's development. Secondary sectors for the Fund are retail, technology and more recently brokers.
