The largest asset management company in Vietnam, Dragon Capital VIetfund Management, has recently announced the launch of a first of its kind in Vietnam, midcap equity ETF. The portfolio manager at Dragon Capital stated, “The rise in liquidity in the Vietnamese market – much of it driven by a growing local investor base – has improved the volume of trading in madcaps, which is creating a new opportunity for investors, However, companies in this sector, despite being some of the most exciting in Vietnam and often outperforming the main index and large caps, are often overlooked, and not covered by analysts… Our new Midcap ETF is the first to offer investors access to this exciting sector, and Vietnam’s next generation of market leaders.”
ETF Newz Says:
Vietnam’s macro-economic outlook stays strong with GD growth estimated around 7.8% for 2022.
