VEIL Webinar January 2026

About the event

The VEIL webinar January 2026 saw portfolio managers from Vietnam Enterprise Investments Limited (VEIL) — managed by Dragon Capital — review Vietnam’s economic performance and equity market outlook for 2026. The session covered Vietnam’s 2025 GDP growth of 8.02%, the fastest annual expansion in 15 years, along with key drivers including credit growth, FDI inflows, export performance, and the Vietnamese Dong’s trajectory against the US Dollar.

What Was Covered:

• Macro Update: Vietnam’s 2025 GDP performance, inflation trends, State Bank of Vietnam monetary policy, fiscal revenue, public investment disbursement, and the outlook for double-digit growth targets in 2026
• Market Upgrade Catalysts: Progress toward FTSE Russell’s Secondary Emerging Market reclassification (implementation expected September 2026) and the medium-term path to MSCI Emerging Market status
• Fund Governance: VEIL’s completed tender offer, a board leadership transition, and the fund’s ongoing discount management strategy — including share buybacks that narrowed the discount from over 20% in 2024 to roughly 11% today
• Sector Deep Dives: Banking, retail, and real estate — featuring portfolio holdings such as Techcombank, VPBank, Vinhomes, Mobile World, and Taseco Land
• Portfolio Strategy: How VEIL is positioned around Vietnam’s two long-term growth themes — domestic consumption and infrastructure development — under Resolution 68 (private sector promotion) and Resolution 79 (SOE reform)
• Live Q&A: Analyst responses on valuation, demographics, currency risk, dividend yield, and portfolio positioning

Subsequent performance is reported in VEIL’s monthly reports.

Follow Vietnam Enterprise Investments Limited (VEIL) on LinkedIn for the latest fund updates.