Vietnam Holding (GB:VNH) has released an update.
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VietNam Holding Limited reported strong financial performance in September 2024, driven by Vietnam’s economic resilience amidst global challenges. The fund saw a 21.3% rise, outperforming the VNAS benchmark, with significant gains from investments in the technology and financial sectors, especially through holdings in FPT, Sacombank, and Techcombank. Vietnam’s projected GDP growth and favorable market conditions, including a weaker US dollar and Federal Reserve rate cuts, further bolstered investor sentiment.
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