The monthly investment performance report of Vietnam Holding investment fund has just been announced by the management unit, Dynam Capital.
The report gives a positive assessment of the Vietnamese economy , especially during the time when the whole country is celebrating the 50th anniversary of the Liberation of the South and National Reunification Day. Vietnam Holding sees this as not only an occasion to honor the past, but also a time to celebrate Vietnam's position in the changing world order. This is Vietnam's most important national holiday, symbolizing its resilience, independence and transformation into an emerging economic force.
In the context of US President Donald Trump's tariff policy changes creating new fluctuations for the global market, Vietnam's GDP growth rate still reached 6.93% in the first quarter of 2025, marking the highest first-quarter growth in the 2020-2025 period.
With the manufacturing PMI rising to 50.5 in March, Vietnam's economy is on track to achieve its 8% GDP growth target for 2025, despite tariff concerns, Vietnam Holding assessed.
The retaliatory tariff announcement has put a lot of pressure on Asian markets, especially for countries exporting to the US like Vietnam, the Vietnamese government has prepared for different scenarios and responded diplomatically by sending trade delegations to Washington to seek a stronger bilateral trade deal.
In addition to strengthening its strategic partnership with the US, with trade agreements worth $36 billion in agriculture, aviation and automobiles under negotiation and expected to be signed, Vietnam also continues to implement policies to encourage the reshoring of high-value manufacturing industries and strengthen cooperation with other important trading partners, both old and new.
Vietnam is committed to achieving its growth targets over the next decade, through proactive measures such as reducing administrative procedures, diversifying the economy and encouraging private sector development.
Besides, in the context of the trade war between the US and China increasing instability, technology suppliers still consider Vietnam a promising choice with a technology-loving population and a Government supporting digital transformation, thereby accelerate the restructuring strategy, reorient the supply chain.
In the Vietnamese stock market, the market recorded a moderate increase in March, mainly thanks to the boom in the tourism industry.
In its investment performance report, Vietnam Holding ended March with a low exposure to export-related sectors and adjusted its portfolio to hedge against tariff risks by increasing its cash exposure, adding to some retail, IT and banking stocks, and reducing some logistics stocks. The fund’s portfolio is now strategically focused on domestically oriented companies, while maintaining its long-term belief in opportunities from domestic consumption, digitalization, urbanization and industrialization.
The fund believes that Vietnam’s stock market has recovered strongly since Trump’s 90-day suspension and is trading at attractive valuations not seen in two decades. “Our primary approach will be to continue investing in quality stocks with long-term growth potential that benefit from Vietnam’s evolving economic growth story,” Vietnam Holding said.
Source: https://baodautu.vn/chung-khoan-viet-nam-dang-co-dinh-gia-hap-dan-chua-tung-thay-trong-hai-thap-ky-qua-d275154.html
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