Monthly Investor Report

RNS Number : 4903N

VietNam Holding Limited

09 May 2018

 

VietNam Holding Limited ("VNH" or the "Company")

Monthly Investor Report

A report detailing the activities of the Company for the month April 2018 has been issued by VietNam Holding Asset Management Limited, the investment manager of the Company. Electronic copies of the report have been made available to shareholders on the Company's website at http://www.vietnamholding.com/publications/investor-reports and a summary of the report is included below.

Investor Report Summary

April was the roughest month in a long time for the Vietnamese stock market, with the Vietnam All Share Index in total return, dollarized terms dropping -9.2% (VNH fund: -7.8%) - and this was a month of largely tranquil or benign performance for most other major global markets. Thus, the recently double-digit percentage year-to-date rise of Vietnam - at that time the world`s best - has been reigned in to +4.6% in dollars (VNH fund: +6.1%). The good news here is that the VNAS`s valuation is looking broadly reasonable once again, at 15.5x trailing earnings (and 18.7x for the more widely watched VN-Index).

For more information please contact:

VietNam Holding Asset Management Limited                  

Investor Relations

Jay Vontobel

[phone]

[e-mail]

www.vietnamholding.com

finnCap Nominated Adviser and Corporate Broker                                                 Tel: [phone]      

William Marle / Alex Price                                          

Buchanan Communications

Financial Public Relations                                                                                             Tel: [phone]     

Charles Ryland / Vicky Hayns                    

 

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