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Vietnam Holdings says banking, domestic consumer and industrialisation all contributed to growth

Vietnam Holdings says banking, domestic consumer and industrialisation all contributed to growth

VietNam Holding Limited's (LON:VNH) Craig Martin joins Proactive London to discuss net asset value which rose by 38.7% in the half-year to end-December 2020.

Martin says the strength of the banking industry, the domestic consumer, industrialisation and urbanisation opportunities in the country have all contributed their their performance.

Martin talks through the drivers which include their exposure to banks and the country's success in combating Coronavirus (COVID-19) as well as the general growth of the Vietnam economy which grew by just under 3% last year.

He says Vietnam has been attracting a lot more interest lately in terms of their manufacturing sector too and is bullish towards opportunities in tourism and retail in the future.

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