Best way to buy Vietnam

Article Excerpt

VANECK VECTORS VIETNAM ETF $18.68 (New York symbol VNM; buy or sell through brokers) holds Vietnamese companies and foreign firms that get a significant share of their revenue from the Southeast Asian nation. The ETF’s top holdings are Vingroup (conglomerate), 8.0%; No Va Land Investment Group (real estate), 7.3%; Vietnam Dairy Products, 7.1%; FLC Faros Construction, 6.9%; and Bank For Foreign Trade of Vietnam, 6.5%. Investing in Vietnam still comes with aboveaverage political risk. The fund cuts some of that by investing part of its assets in firms that are based outside of Vietnam but do a lot of their business there. It’s a better approach than adding the thinly traded, or illiquid, shares of smaller domestic firms. Market Vectors Vietnam ETF is a buy for aggressive investors. investors…

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