Vietnam Enterprise Investments Limited (VEIL)

Category Vietnam Equity

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Sell

582.00p

Buy

584.00p

arrow-down-6.00p (-1.02%)

Discount/Premium

-24.02%

Estimated NAV

773.879p

Prices updated at 10 Jan 2025, 11:19 GMT

Prices minimum 15 mins delay

Prices in GBX

Investment objective

The investment objective of the Company is to invest directly or indirectly in publicly or privately issued securities of companies, projects and enterprises issued by Vietnamese entities, whether inside or outside Vietnam. The company seeks to achieve its investment objective by investing in companies primarily operating in, or with significant exposure to Vietnam,

FTSE All-Share

-0.32%

LSE

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Company name

Dragon Capital Management (HK) Limited

Legal structure

Closed Ended Investment Company

Domicile

Cayman Islands

Fiscal year end

31 Dec 2025

Launch date

05 Jul 2016

Lead manager

Tuan Le

Lead manager start date

01 Feb 2024

Lead fund manager biography

Tuan, with a Masters of Corporate Finance from the University of Economics in Ho Chi Minh City, joined Dragon Capital as a Senior Analyst in 2006 and was promoted to Deputy Portfolio Manager of VEIL in 2010. In 2013, Tuan was appointed as Deputy Portfolio Manager of a mandate for a large sovereign wealth fund investing in listed Vietnamese stocks. In 2016, he took over as Portfolio Manager of that mandate. Under his management, the US$600m+ portfolio outperformed the VNI six years out of seven and had an annualised total gross return (in US$) of 12.77% during his tenure, exceeding the VNI's 8.90%.

Head office

Unit 2406, 24F.

9 Queen’s Road

Hong Kong

852 3973 8100

Company website

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