Vietnam is on the rise

Article Excerpt

VANECK VECTORS VIETNAM ETF, $13.18, is a buy for aggressive investors. This emerging-markets ETF (New York symbol VNM) taps the leading Vietnamese firms as well as foreign firms that get a significant share of their revenue from this Southeast Asian nation. The fund started up in August 2009. Its MER is 0.66%. Your top holdings include Vietnam Dairy, 7.3%; Vinhomes (real estate), 7.2%; Vingroup (conglomerate), 6.8%; Hoa Phat Group (iron and steel), 6.5%; and Bank For Foreign Trade Of Vietnam, 6.4%. Other holdings include SSI Securities Corp., 5.7%; Masan Group (food), 4.9%; and No Va Land Investment Group, 3.1%. Vietnam has emerged from the pandemic, with tourism leading the way. Longer-term, it will keep attracting foreign manufacturers looking to steer clear of China-U.S. trade issues. VanEck Vectors Vietnam ETF is a buy for aggressive investors. investors…