Vietnam Enterprise Investments
Cayman Islands-registered investment trust
From Wikipedia, the free encyclopedia
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.
 | |
| Type | Public |
|---|---|
| Industry | investment management |
| Founded | 1995 |
| Headquarters | |
| Key people | Sarah Arkle (Chairman) |
| Parent | Dragon Capital |
| Website | www |
The Bill and Melinda Gates Foundation is the largest shareholder, owning 15.40% of the company, followed by Inter Fund Management SA, which owns 15.08%, and City of London Investment Management Company, which owns an 5.38% stake.[1]
History
Vietnam Enterprise Investments was established in 1995, and listed on the London Stock Exchange (LSE). The fund is a constituent of the FTSE 250 Index with a net asset value of US$1.79bn (unaudited December 2024).[2][3] The chairman is Sarah Arkle.[4] The lead portfolio manager is Tuan Le.[5]
Investments
As of 31 December 2024, its top 10 investments were:[6]
| Company name | Ticker | Percentage of net asset value |
|---|---|---|
| Mobile World | HOSE: MWG | 8.1% |
| FPT Corporation | HOSE: FPT | 8.1% |
| VP Bank | HOSE: VPB | 7.0% |
| Asia Commercial Bank[7] | HOSE: ACB | 5.9% |
| Vietcombank[8] | HOSE: VCB | 5.2% |
| Techcombank[9] | HOSE: TCB | 5.2% |
| Hoa Phat Group | HOSE: HPG | 5.1% |
| VietinBank | HOSE: CTG | 4.7% |
| Khang Dien House | HOSE: KDH | 4.0% |
| Duc Giang Chemicals | HOSE: DGC | 3.7% |
