Profit from Vietnam’s rise

Article Excerpt

VANECK VECTORS VIETNAM ETF, $19.07, 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 Masan (food), 8.2%; Vietnam Dairy, 7.9%; Vingroup (conglomerate), 7.2%; Vinhomes (real estate), 7.0%; No Va Land, 5.9%; Hoa Phat Group (iron and steel), 5.4%; and the Bank for Foreign Trade of Vietnam, 4.9%. Other holdings include Mani (a Japanese medical instrument maker with a Vietnam factory) at 3.7%. Vietnam continues to battle a serious COVID-19 fourth 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…