Investors take note as Vietnam contains Covid-19

Vietnam’s efforts to contain the coronavirus leaves it poised to emerge as a potential winner from the global disruption caused by the Covid-19 pandemic. The country has reported no Covid-related deaths and was able to ease lockdown measures in April and May significantly ahead of other countries following swift and decisive action from authorities. According to Baltimore-based asset manager, T. Rowe Price, the “efforts to contain the virus have also highlighted the improvements in governance that the country has undergone, in terms of enhancing local decision-making, tackling corruption, and making advances in social health insurance provisions. These are positive trends that should support the country’s future prosperity.” The US$1.9 billion manager added that Vietnam has shown a way through the public health crisis, making it an attractive proposition for investors. “We are finding attractive investment opportunities in high-quality companies in the banks, consumer discretionary, and information technology sectors,” the firm said in its analysis. The is growing confidence around Vietnam’s ability to generate positive 2020 GDP growth amid global economic volatility, and this is filtering through to investors. However, the lingering question around how long Covid-19 will last globally is also an important factor for Vietnam given that sustained downturns around the world will make themselves felt in the country. © 2020 funds global asia

Sponsored Profiles

Sponsored feature: Asset allocators – How do you track your decisions?

Apr 06, 2020

Mark Barry, Head of Asset Allocation at Milestone Group, explores how a simple question can highlight opportunities to automate and streamline your asset allocation investment process.

Sponsored feature: How is DLT changing the global securities services landscape?

Oct 17, 2019

By Jeslyn Tan, global head of product management, securities services, at Deutsche Bank

Sponsored feature: A new base for fund distribution

Oct 16, 2019

To get the most value out of the digitisation of investment fund distribution, a blockchain-based infrastructure is fundamental. By Olivier Portenseigne, Managing Director and Chief Commercial Officer, Fundsquare.

Sponsored profile: Bridging the gap

Mar 11, 2019

Private equity is a core part of the business for Caceis’ Hong Kong office, which looks after clients in China and Europe. David Li, chief executive officer, explains why private equity enjoys strong client demand and how it is being used to fund China’s international infrastructure ambitions.

Executive Interviews

Executive interview: ‘China is the 800-pound gorilla’

Aug 04, 2020

Just over a year into his new role, Wai-Kwong Seck, chief executive officer at Eastspring Investments, discusses his business goals, the Covid-19 pandemic and China.

Executive interview: Understanding geographies

Apr 06, 2020

Margaret Harwood-Jones, co-head financing and securities services at Standard Chartered, shares her insights on platform standardisation, opportunities in Asia and regulatory change to encourage...


Hong Kong roundtable: A ‘fragile Goldilocks situation’

Apr 06, 2020

With the global economy at a crossroads, our panel of experts share their thoughts on the market conditions, geopolitical volatility and growth opportunities. Chaired by Romil Patel in Hong Kong.

Singapore roundtable: A horizon to hold long-term assets

Dec 12, 2019

Panellists discuss the geopolitical fractures concerning asset owners, Singapore as a hub for fintech start-ups and why it makes sense to raise capital from a Variable Capital Company (VCC). Chaired by Romil Patel in Singapore.