Vietnam Enterprise Investments: 1 director

A director at Vietnam Enterprise Investments bought 8,000 shares at 543p and the significance rating of the trade was 70/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two ye...

Vietnam Enterprise Investments - Many opportunities at attractive valu...

Vietnam Enterprise Investments (VEIL) is the UK’s largest and oldest listed Vietnamese equities closed-end fund. It offers investors exposure to the stocks set to benefit most from Vietnam’s very favourable economic prospects. These stocks are otherwise difficult for foreign investors to access. VEIL’s managers believe the Vietnamese equity market offers many compelling investment opportunities, and stocks look oversold at current levels (see our recent VEIL update note), so valuations appear at...

Vietnam Enterprise Investments - Mind the gap – it may close soon

Vietnam Enterprise Investments (VEIL) is the UK’s largest and oldest listed Vietnamese equities closed-end fund. Despite Vietnam’s bright economic outlook, Vietnamese equities were hit hard in 2022 by a toxic mix of unwelcome domestic and global developments, creating a disconnect between Vietnam’s favourable economic fundamentals and equity valuations. VEIL underperformed over this period due to its quality growth bias, as investors fled to defensive sectors, but the fund has consistently achie...

Vietnam Enterprise Investments - Access to Vietnam’s dynamic growth, a...

Vietnam Enterprise Investments (VEIL) is the largest and oldest Vietnamese equities closed-end fund listed on the London Stock Exchange. The fund is positioned to capitalise on Vietnam’s very positive long-term growth prospects. Its long track record of outperformance of both its benchmark and its peers attests to the effectiveness of its stock selection process. Manager Dien Vu and his colleagues are confident in their ability to continue identifying those companies best placed to benefit from ...

Dragon Capital Factsheet June 2022

Vietnam Enterprise Investments - An integral participant in Vietnamese...

Vietnam Enterprise Investments (VEIL) is the largest and longest-established Vietnamese equities closed-end fund. VEIL has materially outperformed its peers and the VN Index during the past three, five and 10 years. This included a very strong performance in 2021, when VEIL’s NAV was up 47% against a 1.5% decline in the MSCI Emerging Markets Index. The trust is well positioned for longer-term investors looking for exposure to the fast-growing Vietnamese economy via a relatively large and liquid ...

Vietnam Enterprise Investments - Taming the beast

Throughout its over 25-year history, Vietnam Enterprise Investments (VEIL), the largest and longest-established Vietnamese equities closed-end fund, has seen many economic ups and downs. Despite economic growth being held back by the new wave of the COVID-19 pandemic in H221, investment manager Dragon Capital views the setback as temporary. Expecting better pandemic control from Q421 and with economic growth momentum rebuilding, the team looks to 2022 with cautious optimism. The last quarter of ...

Dragon Capital Group August 2021

Dragon Capital Group VEIL Factsheet June 2021

Vietnam Enterprise Investments - The Vietnam growth story continues

Vietnam Enterprise Investments (VEIL) is the largest and longest-established Vietnamese equities closed-end fund. The last quarter of 2019 and most of 2020 marked a period of portfolio repositioning for the fund. The team sold 14 holdings, and bought two, making the portfolio more focused (28 stocks at end 2020 versus 41 at end Q319) but better balanced by market cap as well as domestic and international business exposure. Over H220 the performance has picked up, with NAV total return of 28% ver...

Vietnam Enterprise Investments - Well positioned for recovery and long...

Vietnam Enterprise Investments (VEIL) is the largest and longest-established closed-end fund focused on investing in Vietnamese equities. The fund has a solid long-term performance track record (see chart below), delivering annualised NAV total returns of 10% and 8% over five and 10 years respectively. Vietnam appears to be managing the spread of the COVID-19 virus well, and is advanced in the resumption of normal economic activity. Its GDP growth of 7.0% in 2019 was one of the fastest rates glo...

Vietnam Enterprise Investments - Robust growth underpins long-term opp...

Vietnam Enterprise Investments (VEIL) is the largest and longest-established closed-end fund focused on investing in Vietnamese equities. The fund aims to deliver long-term capital growth through employing a rigorous bottom-up approach to investing in a relatively concentrated portfolio of 35–40 high-conviction stocks. Over the past 10 years, VEIL has generated annualised NAV and share price returns of 10.3% and 14.0%, respectively. Better than expected Q319 GDP growth of 7.3% suggests Vietnam...

Vietnam Enterprise Investments - Executive Interview

Vietnam Enterprise Investmentst (VEIL) was launched in 1995 and is the largest closed-ended fund focused on Vietnam. In July 2017, it became a member of the FTSE 250. VEIL aims to generate long-term capital growth by following a bottom-up approach, unconstrained by the benchmark, to find high-quality companies that are attractively valued. The fund is managed by Dragon Capital, Vietnam’s largest and longest established investment manager. In this webcast, Dominic Scriven, chairman and founder...

Vietnam Enterprise Investments - Long-established expertise in Vietnam

Vietnam Enterprise Investments (VEIL) was launched in 1995 and is the largest closed-ended fund focused on Vietnam. In July 2017, it became a member of the FTSE 250. VEIL aims to generate long-term capital growth by following a bottom-up approach, unconstrained by the benchmark, to find high quality companies that are attractively valued. Although the fund’s NAV total return has lagged the VN Index over one year, VEIL has a strong longer-term performance track record, delivering annualised NAV...

Vietnam Enterprise Investments - Correction presents long-term opportu...

Vietnam Enterprise Investments (VEIL) was launched in 1995 and became a member of the FTSE 250 in July 2017. It is the largest and longest established closed-ended fund focused on investing in Vietnam equities. The fund’s objective is to generate long-term capital growth through applying a rigorous, bottom-up approach to selecting companies that can benefit from the underlying secular drivers of the country’s growth. Unconstrained by benchmark weightings, the portfolio of 35–40 highconvict...

Vietnam Enterprise Investments - Well-established record of Vietnam ex...

Vietnam Enterprise Investments (VEIL) was launched in 1995 and is the largest Vietnam specialist closed-ended investment company listed in London. With an unconstrained, bottom-up investment process focussing on stock selection for capital growth, the fund has delivered good near- and long-term performance; achieving an annualised NAV return of 25% over the past five years to end-May 2018. Vietnam equities have performed strongly over the past two years, and a correction since the March 2018 VN ...

Vietnam Enterprise Investments - Long-established track record and loc...

Vietnam Enterprise Investments (VEIL) was launched in 1995 and is the largest and longest established, closed-ended investment company, which is focused on Vietnam listed equities. VEIL is listed on the LSE and became a member of the FTSE 250 in July 2017. It has a capital growth objective, managed by an experienced and well-resourced investment team, following a disciplined bottom-up, fundamental approach to stock selection, resulting in a portfolio of c 35-40 holdings. Although Vietnam equiti...

Established Vietnamese equity market specialist

Vietnam Enterprise Investments (VEIL) is a specialist actively-managed, closed-ended investment company that is the largest and longest established fund focused on Vietnam-listed equities. Launched in 1995, it moved its listing to the LSE in July 2016 and has been included in the FTSE 250 Index since 18 July 2017. VEIL’s well-resourced investment team adopts a rigorous, bottom-up approach, aiming to achieve capital growth from a portfolio that typically comprises 35 to 40 holdings. Absolute perf...