Over the past week the emergence of community infection in Vietnam has been dominating domestic, and now international headlines. Vietnam’s effective measures to manage COVID-19 at the start of the outbreak in January enabled the country to record a remarkable 100-day stretch of no community transmission and zero deaths. The current resurgence will certainly be keenly followed, particularly as to how the local authorities and community responds to this outbreak.
VinaCapital today launched its VN100 exchange traded fund on the Ho Chi Minh Stock Exchange under the ticker “FUEVN100”. The ETF aims to replicate the performance of HOSE’s VN100 Index, which consists of the exchange’s largest and most liquid stocks.
In the final installment of our series on the important role FDI will play in Vietnam’s economic development post-pandemic, Chief Economist Michael Kokalari describes how MNCs who invest in the country will help improve the operations of Vietnamese companies as well as the expected “spillover” benefits they will bring. Don Lam also discusses these and other related issues in the accompanying video.
In the second part of our series on FDI, Chief Economist Michael Kokalari explains what foreign companies look at when considering where to build factories and suggests a number of actions Vietnam can take to attract greater investment.
More foreign direct investment (FDI) is expected to flow into Vietnam in the aftermath of COVID-19. In the video to the right, Don Lam, VinaCapital’s CEO, speaks about why this wave will have a greater impact on Vietnam’s growth than previous investments in the first video about this important topic. Click the title for a more detailed explanation.