GCICraig Martin of of Vietnam Holdings: Growing, good value & no cost of living crisis
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Craig Martin of Dynam Capital, manager of Vietnam Holdings #VNH explains why Vietnam doesn't have a cost of living crisis and is well placed to grow from a reasonable valuation.
Highlights from the Monthly Investor Report for the month of July 2022
Last month global equities continued to fluctuate with a score of moving parts rattling market sentiment. However, as inflationary implications and other economic woes in countries around the world caused more concern, Vietnam managed to maintain resiliency with a continued strengthening of its macro backdrop.
While external risks became more evident and ongoing volatility summed up its stock market, Vietnam still recorded an impressive trade surplus of USD 764m for the first seven months of the year (7M2022).
VNH's top ten holding companies are showing evidence of compelling growth, and market valuation in Vietnam is in general at a more attractive level following the diverse Q2 earnings releases.
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