International investors attracted by Vietnam’s economic growth
(VOVWORLD) -More people worldwide are becoming aware of Vietnam’s economic growth story and eagerly seeking ways to engage in it, according to VinaCapital Fund Management JSC.
 Anti-bacterial mask production line of TNG Investment and Trading Joint Stock Company. (Photo: Hoang Nguyen/VNA) |
Brook Taylor, CEO of VinaCapital, said in a recent press release that the company has become an investment advisor to the Chinese Taipei-based Jih Sun Securities Investment Trust.
VinaCapital provides its expertise and experience as a long-time investor in Vietnam to JSVOF's managers, who have already constructed a portfolio consisting of the stocks of leading and fast-growing Vietnamese companies. In 2021, VinaCapital’s Vietnam-domiciled open-ended equity funds led the industry, outperforming the benchmark VN Index.
Richard Kao, JS Chief Investment Officer, said Vietnam's economy has grown remarkably in recent years and is expected to continue to grow in the future. Thanks to a young population, a growing middle class, steady foreign investment flows, export growth and solid macroeconomics, Vietnam has all the conditions to continue to thrive in the coming years. Vietnam's GDP is expected to increase by over 7% in 2022.