By: Gavin Lumsden
VinaCapital Vietnam Opportunity Fund (VOF) has followed rival Vietnam Enterprise (VEIL) in buying Vingroup (VIC), the country’s largest conglomerate whose “national champion” status has made it a red-hot favourite with Vietnamese investors. Having balked at Vingroup’s valuation and leveraged exposure to its fledgling electric vehicle business, fund manager Khan Vu was caught out when its […]