Vietnam Enterprise Investments confident country’s resilient economy provides potential to flourish

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The investment trust posted a net asset value gain of 42%, outperforming its benchmark by over 13% Vietnam Enterprise Investments Ltd chairman Stanley Chou said the Vietnam economy’s 5.6% growth in the first half of 2021 despite two new waves of the coronavirus shows the resilience of the economy to provide a platform for future growth. Underpinned by the rejuvenation of the Vietnamese economy since the successful containment of the initial COVID-19 outbreak in early 2020, the local stock market was among the top performing indices in the world in the first half of 2021 and hit an all-time record high in June, with record daily traded volumes during the month. In the first half of 2021, the VEIL investment trust posted a net asset value (NAV) gain of 42% to 11.79p per share, outperforming its benchmark by over 13% or 19% on a three-year rolling basis. The trust owns total assets of US$2.5bn, including US$16.5mln cash. A pre-tax profit of US$753mln was reported. Chou sa
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