viewVietNam Holding Ltd

VietNam Holding says NAV surged again in March, hails carbon footprint of its portfolio

ESG criteria have been fully integrated into the fund's investment process for over a decade now. The company is "seeing a new wave of forces moving sustainability up the board agenda in Vietnam".

Vietnam Holding -

VietNam Holding Limited (LON:VNH) saw its net asset value (NAV) rise 1.1% in March, extending the gain in the first quarter of 2021 to 10.4%.

Since the start of the financial year in July 2020, the NAV per share has risen 53.1%.

The company’s investment manager, Dynam Capital, said the Coronavirus (COVID-19) pandemic has accelerated many global trends, and the importance of investing for a more sustainable future is gaining momentum in Vietnam.

The company revealed the findings of its latest independent carbon footprint assessment, which shows that its portfolio was 41% less carbon-intensive than its benchmark, the VN All Share Index, for each US$100 invested in the year ending December 31, 2019.

The assessment was conducted by Vietnam Energy and Environment (VNEEC), a climate change specialist firm in Ha Noi City, which established that the carbon footprint of the VietNam Holding portfolio is 18,003 tCO2e compared with an investment of the same size in VN All Share (30,396 tCO2e).

“It is essential that we track our progress in low-carbon investing and keep a pulse on how companies across sectors are dealing with upcoming regulations on reporting on GHG [greenhouse gas] emissions and reductions. VNEEC, which uses an internationally recognised methodology for the reports, will release the findings for 2020 in June,” Dynam Capital said.

Shares in VietNam Holding were up 1.9% at 214p in the first hour of trading.

Quick facts: VietNam Holding Ltd


Price: 296 GBX

Market Cap: £87.93 m

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events


The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of named herein, including the promotion by the Company of in any Content on the Site, the Company receives from said issuer annual cash...


Vietnam Holdings says banking, domestic consumer and industrialisation all...

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...

on 30/3/21

2 min read