Vietnam Enterprise Investments

Last updated

Vietnam Enterprise Investments Limited
Type Public
Industry investment management
Founded1995
Headquarters UK
Parent Dragon Capital
Website www.veil-dragoncapital.com

Vietnam Enterprise Investments Limited is a Cayman Islands-registered, closed-end investment trust managed by Dragon Capital It is invested in listed equity on the Ho Chi Minh and Hanoi stock exchanges in Vietnam. Established in 1995, and listed on the LSE, the fund is a constituent of the FTSE 250 Index with a net asset value of US$2.5bn (unaudited September 2021). [1] [2] The chairman is Gordon Lawson. [3] The portfolio manager is Vu Huu Dien. [4]

Contents

The Bill and Melinda Gates Foundation is the largest shareholder, owning 11.5% of the company, [5] followed by Sirius Investment Fund, which owns 10.1%, and City of London Investment Management Company, which owns an 8.7% stake. [6]

Holdings

As of December 31, 2021, its top 10 holdings are: [7]

Company nameTickerPercentage of net asset value
Hoa Phat GroupHOSE: HPG12.2%
VP BankHOSE: VPB10.7%
Asia Commercial Bank HOSE: ACB9.8%
Mobile WorldHOSE: MWG9.6%
Vinhomes HOSE: VHM6.7%
Vietcombank HOSE: VCB6.0%
Vingroup HOSE: VIC5.5%
FPT HOSE: FPT4.3%
Techcombank HOSE: TCB3.9%
Dat XanhHOSE: DXG3.8%

Some other major holdings with unknown percentages of NAV are:

Related Research Articles

<span class="mw-page-title-main">Transport in Vietnam</span> Overview of the transport in Vietnam

Transportation in Vietnam is improving rapidly in terms of both quantity and quality. Road traffic is growing rapidly but the major roads are dangerous and slow to travel on due to outdated design and an inappropriate traffic mix. In recent years, the construction of expressways has accelerated. Air travel is also important for long distance travel. Metro systems are under construction in the two metropolises of Hanoi and Ho Chi Minh City.

<span class="mw-page-title-main">Ho Chi Minh City</span> Municipality in Vietnam

Ho Chi Minh City, also commonly known as Saigon, is the most populous city in Vietnam, with a population of around 9.3 million in 2023. Situated in the Southeast region of Vietnam, the city surrounds the Saigon River and covers about 2,061 km2 (796 sq mi).

<span class="mw-page-title-main">Tan Son Nhat International Airport</span> Airport serving Ho Chi Minh City, Vietnam

Tân Sơn Nhất International Airport is the busiest airport in Vietnam with 32.5 million passengers in 2016 and 38.5 million passengers in 2018. It serves Ho Chi Minh City as well as the rest of southeastern Vietnam. As of April 2023, it had a total capacity of only 28 million passengers, which has caused constant congestion and sparked debate for expanding or building a new airport. The airport's IATA code, SGN, is derived from the city's former name of Saigon. In 2022, It was the 34th busiest airport in the world, and the second busiest in Southeast Asia.

<span class="mw-page-title-main">Ho Chi Minh City Stock Exchange</span>

Ho Chi Minh Stock Exchange, formerly the HCMC Securities Trading Center (HoSTC), is a stock exchange in Ho Chi Minh City, Vietnam. It was established in 1998 under Decision No. 127/1998/QD-TTg of the Prime Minister of Vietnam. HCM Securities Trading Center officially opened on July 20, 2000, and had its first trading session on July 28, 2000, with two listed companies and six security company members.

<span class="mw-page-title-main">Long Thanh International Airport</span> Future airport to serve Ho Chi Minh City, Vietnam

Long Thanh International Airport is an international airport currently under construction in Long Thành district, Đồng Nai province, Vietnam, approximately 40 km (25 mi) east of Ho Chi Minh City. The Vietnamese government approved its construction on January 4, 2021. Construction began the next day on January 5, 2021, and its first phase is scheduled to be finished by 2025. The airport will serve over 100 million passengers annually when built to the maximum designed capacity. The project is the most expensive infrastructure project in Vietnam's history. It will replace the existing Tan Son Nhat International Airport as the city's main airport.

<span class="mw-page-title-main">Vinamilk</span> Dairy company of Vietnam

Vinamilk, formally the Vietnam Dairy Products Joint Stock Company is the largest dairy company in Vietnam. Based on the UNDP 2007 Top 200 largest firms in Vietnam report, it was also the 15th largest company in Vietnam and formerly the most valuable public company listed in Vietnam. In 2010, it is the first company in Vietnam to be included in the Forbes Asia's 200 Best Under A Billion list that highlights 200 top-performing small- and mid-sized companies with annual revenue under US$1 billion.

<span class="mw-page-title-main">Ho Chi Minh City metropolitan area</span> Place in Vietnam

Ho Chi Minh City metropolitan area is a metropolitan area that was in June 2008 proposed by the Ministry of Construction of Vietnam to the Government of Vietnam for approval. According to this master plan, this metropolitan area will include provinces around Ho Chi Minh City in the Southeast region and 2 provinces in the Mekong Delta region.

Vietnam Asset Management (VAM) is a fund management company founded in 2006 by John Lyn, Nguyễn Xuân Minh and Nguyen Hoai Thu. They are currently key managers of VAM. VAM is domiciled in the British Virgin Islands, the United Kingdom as a limited liability company. VAM has a liaison office in Singapore and a representative office in Ho Chi Minh City, Vietnam.

Nguyễn Xuân Minh is the Executive Chairman of Techcom Securities, a subsidiary of Techcombank – a leading joint stock bank in Vietnam. Techcom Securities (TCBS) is the leading Wealthtech company and is the largest securities company in Vietnam in terms of profit and brand value. TCBS helps domestic companies raise in aggregate more than U$3 billion per year via Debt and Equity Capital Markets in Vietnam. It also has more than 80% market share in trading of local listed corporate bonds in Vietnam. Consecutively, Techcom Securities was named the Best Bond House in Vietnam for 2007–2016, 2008–2017 and 2009–2018 by Alpha Southeast Asia and the Best Debt Capital Markets House for 2017, 2018 and 2019 in Vietnam by FinanceAsia.

The 11th Vietnam Film Festival was held from November 28 to November 30, 1996, in Hanoi, Vietnam, with the slogan: "For an advanced Vietnam cinema imbued with national identity".

<span class="mw-page-title-main">Hanoi Metro</span> Metro system in Hanoi, Vietnam

The Hanoi Metro is a rapid transit system in Hanoi, the capital city of Vietnam. Owned by Vietnam Railways and operated by Hanoi Metro Company (HMC), it is the first operational rapid transit system in Vietnam. The first line opened to service on 6 November 2021.

Dragon Capital Group is an integrated investment platform focused on Vietnam and other Southeast Asian emerging markets.

Tan Tao Group is a leading industrial park and infrastructure developer in Vietnam, specializing in industrial parks development, land development, infrastructure and power development, and telecom and network development. Tan Tao Group's key subsidiary, Tan Tao Investment & Industry Corp (“ITACO”), is the first privately managed and leading industrial park developer in Vietnam. ITACO is the first private industrial park developer listed on the Ho Chi Minh Stock Exchange. ITACO is one of 9 leading companies in Vietnam included into the Russell Vietnam Index 10 and one of 10 companies with the largest market capitalization and highest liquidity included into S&P Vietnam 10 Index. According to the 2011 ranking of Vietnam's top 1000 companies with the highest corporate income tax contribution conducted by the Vietnam Report Company in coordination with VietnamNet and Tax magazine of the General Department of Taxation, Tan Tao Investment & Industry Corporation is ranked 129th and 35th among Vietnam's top 200 private companies with the highest corporate income tax contribution.

<span class="mw-page-title-main">Six Provinces of Southern Vietnam</span>

The Six Provinces of Southern Vietnam is a historical name for the region of Southern Vietnam, which is referred to in French as Basse-Cochinchine. The region was politically defined and established after the inauguration of the Nguyễn dynasty, and called by this name from 1832, when Emperor Minh Mạng introduced administrative reforms, to 1867, which culminated in the eight-year French campaign to conquer the Six Provinces.

Trinh Van Quyet is a Vietnamese entrepreneur and has become the second dollar billionaire in Vietnam's stock market since October 27, 2016, with the holding of 22.7 trillion dong.

<span class="mw-page-title-main">Vingroup</span> Vietnamese conglomerate founded in 1993

Vingroup Joint Stock Company, is the largest conglomerate of Vietnam, focusing on technology, industry, real estate development, retail and services ranging from healthcare to hospitality. The company was founded by property developer and entrepreneur Phạm Nhật Vượng in Ukraine in 1993 as Technocom and was originally producing food products.

<span class="mw-page-title-main">COVID-19 vaccination in Vietnam</span> Plan to immunize against COVID-19 in Vietnam

The COVID-19 vaccination in Vietnam is an ongoing immunization campaign against severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2), in response to the ongoing pandemic in the country. Following the approval of the Oxford–AstraZeneca COVID-19 vaccine on 30 January 2021, vaccinations commenced on 8 March 2021, and will continue throughout the year with the goal of vaccinating 80% of the population by June 2022. The Sputnik V was later approved for use on 23 March 2021. The Sinopharm BIBP vaccine was approved for emergency use on 4 June 2021, while Pfizer–BioNTech COVID-19 vaccine, Moderna COVID-19 vaccine and Janssen COVID-19 vaccine were approved on 12 June 2021, 29 June 2021, and 15 July 2021, respectively. Vietnam approved Abdala vaccine from Center for Genetic Engineering and Biotechnology on 18 September 2021, and Covaxin from Bharat Biotech on 10 November 2021.

<span class="mw-page-title-main">Phạm Minh Chính</span> Prime Minister of Vietnam since 2021

Phạm Minh Chính is a Vietnamese politician and public security general. He is the current Prime Minister of Vietnam, the third highest ranking after General Secretary of the Communist Party and the President of Vietnam.

<span class="mw-page-title-main">Khai Hoan Land</span>

Khai Hoan Land Group Joint Stock Company is a Vietnamese real estate developer and agency. Founded in 2009 by Nguyễn Khải Hoàn, it is headquartered in District 7, Ho Chi Minh City. In the south of the country alone, Khai Hoan Land maintains the largest market share by volume, which make it the region's leading property developer and real estate agency.

References

  1. "Dragon Capital". www.veil-dragoncapital.com.
  2. 1 2 3 4 5 "Quỹ đầu tư lớn nhất Việt Nam bán bớt FPT, rót thêm cả chục triệu USD vào Thế giới Di động". cafef.vn. 3 August 2017.
  3. "Vietnam Enterprise Investments". FT. Retrieved 19 May 2020.
  4. "Board & Committees". Vietnam Enterprise Investments Limited (LON:VEIL). Retrieved 21 November 2021.
  5. "Dragon Capital". Veil-dragoncapital.com. Retrieved 6 March 2018.
  6. "Significant Shareholders".
  7. "Fund Performance Report" (PDF). VEIL website.
  8. 1 2 "Nhóm quỹ Dragon Capital là cổ đông lớn của 3 Công ty chứng khoán lớn nhất Việt Nam". cafef.vn. 4 January 2019.
  9. "Fund Performance Report" (PDF). Veil-dragoncapital.com. 20 December 2018. Retrieved 2 January 2019.