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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 | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 367.00 | 364.00 | 370.00 | 367.00 | 365.00 | 367.00 | 25,525 | 08:00:16 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMVNH TIDMTTM
RNS Number : 5102I
VietNam Holding Limited
19 June 2017
VietNam Holding Limited ("VNH" or the "Company")
Monthly Investor Report
A report detailing the activities of the Company for the month of May 2017 has been issued by VietNam Holding Asset Management Limited, the investment manager of the Company. Electronic copies of the report have been made available to shareholders on the Company's website at http://www.vietnamholding.com/publications/investor-reports and a summary of the report is included below.
Investor Report Summary
May was a month of renewed bullishness after a stable April, with the Vietnam All Share Index increasing 4.9% in local currency terms and 4.9% in dollars. This puts the year-to-date index up 15.9% in dollars. For the month, your fund`s NAV per share was up 3.7%; year-to-date it is up 10.6%.
Vietnam is enjoying healthy fundamentals for good earnings per share growth, which is comfortably in double digits. GDP growth of 6% or better carries on, inflation is very reasonable at a latest run-rate of 3.2%, the fiscal deficit is improving to a 3-4% range from 5-6%, foreign direct investment continues to pour into the country at a good rate, and its workforce quality and cost competitiveness remains impressive. The rating agencies are agreeing: Moody`s in May raised its outlook on Vietnam to positive, citing FDI and optimism on government debt burden stabilisation.
For more information please contact:
VietNam Holding Asset Management Limited Investor Relations Jay Vontobel investorrelations@vnham.com www.vietnamholding.com Smith & Williamson Corporate Tel: +44 20 7131 Finance Limited 4000 Nominated Adviser Azhic Basirov / Ben Jeynes Winterflood Investment Trusts Tel: +44 20 3100 Broker 0000 Joe Winkley / Neil Langford Buchanan Communications Tel: +44 20 7466 Financial Public Relations 5000 Charles Ryland / Vicky Hayns
This information is provided by RNS
The company news service from the London Stock Exchange
END
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(END) Dow Jones Newswires
June 19, 2017 10:33 ET (14:33 GMT)
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