Vinacapital Vietnam Opportunity Fund LD has released its 2024 Outlook Report, expressing optimism for the Vietnamese economy and stock market. The report forecasts a GDP growth of 6-6.5%, driven by a rebound in manufacturing, continued FDI inflows, and improvements in domestic consumption. The real estate sector is expected to rebound due to a decline in interest rates and government reforms. The VN Index is currently 20%+ cheaper than regional peers, and corporate earnings are anticipated to recover with an improved domestic economy.

The VVF Vietnam Equity UCITS fund, managed by Vinacapital, has a portfolio of 25 companies with an average of 25% earnings growth, trading at an 8x forward P/E ratio. The full 2024 Outlook Report can be accessed through the provided link.

Vinacapital will be hosting a 2024 Outlook Webinar, featuring Michael Kokalari, Chief Economist, and Linh Vu, Head of Research, who will review Vietnam's 2023 performance and share their outlook for 2024. The webinar will also include a Q&A session. Interested participants can register for the webinar through the provided link.

Sincerely,
Eric Levinson
Deputy Managing Director
Head of Business Development
Vinacapital Vietnam Opportunity Fund LD