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VNH Vietnam Holding Limited

378.00
-2.00 (-0.53%)
16 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Vietnam Holding Limited LSE:VNH London Ordinary Share GG00BJQZ9H10 ORD USD1
  Price Change % Change Share Price Shares Traded Last Trade
  -2.00 -0.53% 378.00 28,832 09:04:34
Bid Price Offer Price High Price Low Price Open Price
374.00 382.00 382.00 378.00 380.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
18:04:13 O 3,675 382.038 GBX

Vietnam (VNH) Latest News (1)

Vietnam (VNH) Discussions and Chat

Vietnam Forums and Chat

Date Time Title Posts
22/3/202414:34VNH with Charts & News322

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Vietnam (VNH) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
15:07:42382.003,67514,038.50O
14:46:09374.001,1784,405.72O
14:39:18382.0013.82O
14:38:26374.001,0003,740.00O
14:33:55374.001,0003,740.00O

Vietnam (VNH) Top Chat Posts

Top Posts
Posted at 22/3/2024 14:17 by arja
VNH has a lovely chart and NOR too but I am alwsys loath to buy for a trade or even to hold for a short time because the discount to NAV is MUCH smaller than for VEIL or VOF . But that might be as it has been for years and wonder if anyone who follows this trust more closely knows ? nice weekend all
Posted at 15/12/2023 08:36 by spangle93
Monthly summary

VNH's NAV rose 12.7% in November, outperforming VNAS (+9.0%). Year to date the fund is the top-performing Fund in Vietnam, with the discount to NAV the narrowest of the three London-listed Vietnam funds.
Posted at 11/12/2023 07:17 by spangle93
Investor Webinar this week

"VietNam Holding Limited is pleased to announce that Dynam Capital, the fund manager of VNH, will be hosting a live online investor presentation on Wednesday, 13 December 2023 at 10 AM UK time.

The presentation is open to all, and the Company welcomes the interaction with shareholders. It will be designed to provide a greater understanding of Vietnam's economic progress, the strategy of the fund, its investment processes, its ESG approach, performance and the outlook for 2024. The webinar will also allow for questions regarding the upcoming AGM.
Posted at 24/9/2023 21:12 by sharesoc
ShareSoc is hosting a webinar with VietNam Holding Limited (VNH) on 17 October 2023, which may be of interest to current and potential investors. Craig Martin (Executive Chairman of Dynam Capital – Fund manager of VNH) will be presenting. You can register here: [...]
Posted at 18/8/2023 11:19 by 31337 c0d3r
Yes it's less volatile. When VOF and VEIL were rising rapidly recently (end of July), VNH didn't move as much.
Posted at 18/8/2023 08:21 by spangle93
VNH remains at 11 month high, whereas VOF and VEIL have fallen back after similar recent rises.
Posted at 15/2/2023 07:45 by spangle93
Monthly investor report sounding upbeat



VNH's NAV was +11.1% for the month, slightly lower than the index. This followed the Fund's outperformance of the Vietnam All Shares Index (VNAS) for the 2022 calendar year, with its NAV declining 30.1% versus the VNAS' decline of 39.8%. Strong double-digit growth in Retail stood out in 2022, and we expected that to continue in the lead up to Tet. In January, VNH benefitted from its overweight in outperforming banks, STB, ACB and MBB, as well as its underweight in Real Estate, keeping to our conviction that banks were oversold in 2022 and that real estate companies would face increasing headwinds due to the lagging impacts of rising interest rates. The Fund's overweight in Industrials - IDC (up +28.4%) and GMD (up +17.7%) - along with its continued convicted positions in Telecoms and Retails, also all paid off.

We feel optimistic about a more stable VND in 2023 as external and internal risks have reduced, but also expect divergence of EPS growth among sectors and stocks to increase. Additionally, on top of very attractive valuations, market liquidity also continues to move in the right direction following the indiscriminate selloffs and short-term shocks of 2022. Foreign investors net bought US$ 179m in January and we saw a comeback of both foreign and local participants in the equity market. As with several ASEAN countries, Vietnam is kicking off 2023 in a strong position to outstand the rest of the world in terms of GDP growth - forecasted at 6.5% for the year.
Posted at 17/1/2023 07:32 by spangle93
Monthly summary to the end of December is full of extreme descriptions, but this is a flavour


Full year net buying ended up making the US$1bn mark, a first since 2019. While we expect local indices to consolidate in this current environment of monetary tightening and wait-and-see sentiment, it is times like these when rare opportunities for the long-term arise, particularly given the attractive valuation levels of Vietnamese stocks and consensus view that corporate earnings growth is more than 10%.


Positive outlook from the manager for the year of the Cat, starting 22-Jan
Posted at 06/12/2021 18:30 by spangle93
I think it should be 2021, not 2020, but nevertheless...



The past 12 months may have been eventful, but they have also produced some impressive share price gains for many investment companies....

The third-best performer is Vietnam Holding (VNH), whose shares are 93% higher than a year ago. Fund managers Vu Thinh and Craig Martin have put enormous effort into marketing the Guernsey investment company, yet it still trades on a 14% discount. I think that this is unjustified and, with the market value knocking on £100m now, interest in it may grow.
Posted at 11/10/2021 08:54 by davebowler
New report-
Vietnam Holding Limited (VNH) Investor Report – September 2021

The Rise of the Retail Investor

Vietnam’s economy was hit hard by strict lockdowns in September, with manufacturing falling significantly for the second month running and GDP Q3/2021 growth down -6.2% YoY. Foreign investors were selling throughout the month, nevertheless, leading stocks in the consumption sector performed strongly, with MWG, one of the Fund’s largest holdings, posting impressive returns as the modern retail trend in Vietnam continues to strengthen despite the Delta variant’s economic dents in Q3.

VNH was the top performing fund for the first nine months of 2021, beating the VN Index by 24% and outperforming its peers. Its NAV was up +3.3 for September with other top positive contributors DGW, HPG and VPB faring well. Both DGW (Digiworld), the country’s leading ICT distributer, and HPG, Vietnam’s top steel maker, continued to benefit from rising demand throughout the pandemic. VPB will receive proceeds from selling its stake in the finance company FE Credit and we expect it could become the biggest private bank in Vietnam in terms of capital given its senior management’s long-term strategy.

It has been an extraordinary year for Vietnam’s benchmark stock index, which having gained around 23% since the start of 2021 is this year’s top-performing market in the Asia-Pacific region. As noted in the Fund’s recent annual report, VNH’s 15th anniversary this year coincided with an unprecedented escalation in domestic investor activity. To put this into more context, the market value of publicly traded companies in Vietnam is now close to USD 300bn, up from USD 2bn in 2006, when investment funds, such as VNH, commenced their activity. As a result, the stock market has created additional wealth and income for the many new domestic investors in the country, and longer-term investors, such as those who invest in VNH, have also seen compound average returns of more than 15% per annum over the last decade.

Also, as part of our rigorous market analysis, we recently commissioned an independent research firm to conduct a first of its kind survey on the sentiment and behaviour of the growing retail investment base in Vietnam, and the findings paint a more upbeat picture of what is to come in the last quarter of 2021 as vaccinations pick up pace and lockdown restrictions are gradually lifted. Carried out in the month of August, the survey captures the changing nature of Vietnam’s retail investment market, namely how these investors have emerged as a decisive buying force by allocating their money in selective stocks more than in traditional assets, such as gold.

Since Covid-19 struck and working from home became the new norm, this investor base has grown to an estimated four million trading accounts, around 3% of the country’s population, which is remarkably more than in the UK and similar to Taiwan’s figure in 1986 when the market there went on to experience decades-long stock market surge. Of the survey’s 425 respondents, 79% recorded strong gains in the past year and 59% said they feel optimistic about the market going up more than 5% in the final months of 2021 suggesting optimistic outlooks despite the Delta variant’s paralysing effect on trade in the past two months.

Vietnam Holding published its annual report on 1st October (available on the VNH website) and has announced that the Annual General Meeting will be held 10.00 a.m. (UK) on Monday, 1 November 2021 at the offices of FIM Capital Limited, 55 Athol Street, Douglas, Isle of Man, IM1 1LA. The AGM will be followed by an Investor Update Webinar at 10.30 a.m which will be recorded. Registration for the webinar can be made at this link.
Vietnam share price data is direct from the London Stock Exchange

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