VietNam Holding Limited

VietNam Holding Limited is a closed-end investment company launched in 2006 and domiciled in Guernsey. Its primary objective is to achieve long-term capital appreciation by investing in a diversified portfolio of companies with high growth potential at attractive valuations, focusing principally on publicly traded securities in Vietnam. The fund targets growth and value stocks, particularly large-cap companies and State Owned Enterprises identified by the Vietnamese government for partial divestment and listing on domestic exchanges like the Hanoi Securities Transaction Centre and Ho Chi Minh Stock Exchange. Key sectors include financial services (around 45-47%), real estate (18-19%), industrials (11%), consumer cyclical (10-11%), and basic materials (8%), with top holdings such as Mobile World Investment Corp, Military Commercial Joint Stock Bank, and Hoa Phat Group JSC comprising over 50% of assets. Managed by Vietnam Holding Asset Management Ltd, it benchmarks against indices like the VN Index and Vietnam All Share Index, playing a significant role in providing international investors targeted exposure to Vietnam's emerging equity markets.