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LONDON - VietNam Holding Limited (LSE:VNH) reported a five-year compound annual growth rate of 15.2%, outperforming its benchmark index return of 9.7% by more than 500 basis points, according to a monthly investor report released Tuesday.
The fund’s portfolio rebounded in May following April’s volatility triggered by tariff announcements. The banking sector, which constitutes 39% of VNH’s portfolio allocation, was highlighted as a key performance driver, with Techcom Bank (TCB) delivering solid earnings growth amid expectations of 15-16% credit expansion in the Vietnamese banking sector for 2025.
Vietnam’s broader economic indicators remain strong despite global headwinds, with GDP growth still projected near 7.5% this year. Foreign direct investment registered pledges increased by 51% in the first five months of 2025, reaching $18.4 billion, while international tourism arrivals hit a record 9.2 million visitors during the same period.
The fund has adjusted its strategy by increasing exposure to larger-cap companies with strong balance sheets, attractive valuations, and higher trading liquidity to enhance portfolio resilience during market volatility.
Market liquidity in Vietnam has increased to more than $1 billion per day, according to the report. Despite lagging the index year-to-date, the fund’s long-term performance demonstrates consistent outperformance over its benchmark.
The information in this article is based on a press release statement from VietNam Holding Limited’s investment manager, Dynam Capital Limited.
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