Edison Releases Analysis on VietNam Holding's Performance

On December 17, 2025, Edison Investment Research published a report analyzing VietNam Holding (VNH). Despite facing global tariff challenges, Vietnam's economy showcased robust growth with a 7.9% increase in GDP during the first nine months of 2025. This period also saw a surge in local equity markets, driven primarily by a narrow range of stocks.

VietNam Holding, known for its active investment strategy, held only one of the high-performing stocks, resulting in a NAV total return of 2.8% in GBP terms over the year ending November 2025. Although this was lower than the broader market's 31.1% return, VNH's five-year annualized NAV total return was 13.3%, aligning closely with the Vietnam All-Share Index's 13.4%. This highlights VietNam Holding's stock-picking capabilities from 2021 to 2024.