Vietnam on the upswing

Article Excerpt

VANECK VECTORS VIETNAM ETF, $12.70, is a buy for aggressive investors. This emerging-markets ETF (New York symbol VNM) taps the country’s leading 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 0.70%. Your top holdings include Vingroup (conglomerate), 9.6%; Vinhomes (real estate), 8.7%; Hoa Phat Group (iron and steel), 6.7%; Vietnam Dairy, 6.3%; and the Bank For Foreign Trade Of Vietnam, 5.7%. Other holdings include SSI Securities Corp., 5.3%; Masan Group (food), 4.5%’ and Vndirect Securities, 3.2%. Vietnam emerged from the pandemic, with tourism leading the way. Meanwhile, while its long-term outlook is positive, near term, it needs to navigate the Trump administrations tariffs. VanEck Vectors Vietnam ETF is a buy for aggressive investors. investors…