Tap into Vietnam’s growth

Article Excerpt

VANECK VECTORS VIETNAM ETF, $13.46, is a buy for aggressive investors. This emerging-markets ETF (New York symbol VNM) taps the leading Vietnamese firms as well as foreign firms that get a significant share of their revenue from this Southeast Asian nation. The fund started up in August 2009. Its MER is 0.66%. Your top holdings include Vinhomes (real estate), 7.8%; Vingroup (conglomerate), 7.6%; Hoa Phat Group (iron and steel), 7.4%; Vietnam Dairy, 7.4%; and Bank For Foreign Trade Of Vietnam, 6.1%. Other holdings include SSI Securities Corp., 5.6%); Masan Group (food), 4.8%; and No Va Land Investment Group, 3.3%. Vietnam has emerged from the pandemic, with tourism leading the way. Longer-term, it will keep attracting foreign manufacturers looking to steer clear of China-U.S. trade issues. VanEck Vectors Vietnam ETF is a buy for aggressive investors. investors. …