This is a non-independent marketing communication commissioned by Dragon Capital. The report has not been prepared in accordance with legal requirements designed to promote the independence of investment research and is not subject to any prohibition on the dealing ahead of the dissemination of investment research.
In this episode of Trust Issues, we speak to Dominic Scriven, the Founder and Chairman of Dragon Capital - the asset management group behind Vietnam Enterprise Investments (VEIL). We discuss inflation in Vietnam, how tech is changing the investment opportunities in the country, and some of the themes we see in the VEIL portfolio. You can skip to individual questions using the timestamps below:
00:00 - risk warnings
01:52 - What is Dragon Capital?
03:41 - How is inflation affecting Vietnam?
08:04 - Are companies relocating to Vietnam from China?
14:09 - Have smartphones changed the way people use financial services in Vietnam?
18:21 - Is rising demand for consumer goods impacting the VEIL portfolio?
22:58 - Does urbanisation remain a theme in the VEIL portfolio?
27:58 - What are the benefits of being 'on the ground' and understanding local nuances when investing in Vietnam?
31:00 - What is corporate culture like and how does that effect your ability to invest in public companies in Vietnam?
34:40 - Will Vietnam become a part of emerging market indices soon?