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Vietnam Holding delivers strong 25.5% NAV growth and ESG commitment in annual report

10:06, 2nd October 2024
Victor Parker
Vox Newswire
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Vietnam Holding (VNHFollow | VNH, an investor in high-growth companies in Vietnam, has released its annual report, showcasing a solid year of growth despite ongoing macro challenges and supply chain disruptions in the region. VNH noted a significant increase in NAV, up 25.5% to US$86.7m, attributed to its high-growth portfolio featuring Vietnamese tech, real estate, and renewables companies. VNH recorded an impressive total return of 38.5%, significantly outperforming the tamer US and Chinese markets during the period.

In addition to the strong financial performance, VNH continued to advance the ESG front with a continued commitment to responsible investing. The company has adopted stringent ESG investment criteria, particularly in the area of sustainability through its investments in solar and wind, supporting Vietnam's commitment to net-zero by 2050. VNH has also engaged its portfolio companies to promote diversity and inclusion within their workforce.

On the macro front, the outlook for VNH remains positive. The Vietnamese market holds vast potential as it continues to modernise and integrate into global supply chains. Vietnam's economy is projected to continue its robust growth, driven by a young workforce and increasing FDI, even in the face of regional and global economic uncertainties. VNH has so far successfully leveraged this growth, and momentum remains strong with its current investment strategy. We expect continued double-digit NAV growth in the coming years.

Overall, VNH's portfolio is a solid foundation for future performance. The strong NAV growth, impressive total return, and commitment to responsible investing indicate that it is well-positioned to capitalise on Vietnam's economic potential. Investors looking for exposure to a rapidly developing market should consider VNH a compelling option.

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