Good time to buy Vietnam

Article Excerpt

VANECK VECTORS VIETNAM ETF, $21.49, is a buy for aggressive investors. This emerging-markets ETF (New York symbol VNM) lets you tap leading Vietnamese companies and foreign firms that get a significant share of their revenue from this Southeast Asian nation. The fund started up in August 2009. Investors pay a reasonable 0.61% MER. Your top holdings through this ETF include Vinhomes (real estate), 7.9%; Masan (food), 7.7%; Vingroup (conglomerate), 7.0%; Vietnam Dairy, 6.3%; No Va Land, 5.6%; and Hoa Phat Group (iron and steel), 5.5% Other holdings include Feng Tay Enterprises (a Taiwanese sport -shoe maker and Nike supplier with a Vietnam factory) at 4.5%. Vietnam continues to battle a serious new COVID-19 wave. Longer-term, though, it should continue to attract foreign manufacturers looking to steer clear of any China-U.S. trade issues. Vietnam has also signed a free-trade pact with the European Union. That, too, should pay off for investors. VanEck Vectors Vietnam ETF is a buy for aggressive investors. investors…