Vietnam Enterprise Investments Limited (VEIL · LSE)
A Route Into Vietnam's Boom
A London-listed fund that gives you a way into Vietnam's growth story through a portfolio of the country's leading companies, run by a team that has been on the ground in Ho Chi Minh City since the 1990s.
Bull case for Vietnam Enterprise Investments Limited
Portfolio taps into Vietnam's growth story
Holdings are focused on the banks, developers and retailers that a growing economy feeds.
One London-listed share buys a whole Vietnamese portfolio
Investors get Vietnam exposure through an ordinary UK share, avoiding local account paperwork.
Three decades of on-the-ground research in Vietnam
A local team since the 1990s knows companies foreign investors cannot easily reach.
Bear case for Vietnam Enterprise Investments Limited
Shares often trade below the value of the holdings
A persistent discount means investors may not capture the portfolio's full underlying value.
Heavy weighting to banks and property
Two linked sectors dominate, so trouble in either hits the whole portfolio hard.
Single-country risk from currency, politics and trade
Everything sits in one export-dependent economy, exposed to tariffs and currency moves.