Hantoo Asset Management "Now is the Right Time to Invest in Vietnam"... Vietnam Investment Seminar Held

Hanhwa Investment & Securities Hosts Vietnam Investment Seminar for Institutional Investors
Focus on Consumer Goods, IT, Logistics & Industrial Complex Sectors... Plans to Utilize Fund Management

[Asia Economy Reporter Kwon Jae-hee] "Through the Vietnam investment campaign, I had two thoughts. Investors must make money. And another is that Korea Investment Trust Management must gain trust from investors."

On the 23rd, Bae Jae-gyu, CEO of Korea Investment Trust Management, stated this at the 'Korea Investment Vietnam Investment Seminar' held at the Four Seasons Hotel in Gwanghwamun.

This seminar, held as part of the 'Revisit Vietnam' promotion initiated by Korea Investment Trust Management to promote the investment attractiveness of Vietnam, was attended by about 150 people including institutional investors and reporters.

CEO Bae said, "After a business trip to Vietnam last year, I was convinced that customers could make money, so I decided to start the Vietnam investment campaign," adding, "The Vietnam market is not yet a hot market, but investors will see that it will not take longer than expected to achieve investment results."

▲Bae Jaegyu, CEO of Korea Investment Trust Management (Photo by Korea Investment Trust Management)

Following this, Lee Joon-sang, Head of Equity Management at Korea Investment Trust Management's Vietnam branch, gave a presentation on the Vietnam market outlook and investment strategy. Lee said, "Currently, Vietnam's price-to-earnings ratio (PER) is at its most undervalued level in 10 years, excluding the pandemic period," adding, "Now is the right time to invest in Vietnam, with positive factors expected such as attracting production facilities due to de-Chinaization and an increase in foreign direct investment (FDI)."

Promising sectors identified were ▲consumer goods benefiting from increased domestic consumption ▲IT, expected to grow based on affordable and abundant skilled IT personnel ▲logistics and industrial complexes expected to benefit from manufacturing expansion.

Lee added, "The analysis of promising sectors will also be utilized in managing our 'Korea Investment Vietnam Growth Fund,'" and said, "Even assuming a global economic slowdown, Vietnam's economic environment is relatively favorable, so we plan to continue increasing the weight of core investment stocks until the first half of the year, then confirm investment results and respond to changes in leading stocks in the second half."

The seminar was conducted in a paperless manner as part of ESG management practice. Tablet PCs were placed at every seat without printed materials, allowing participants to share materials via email and smartphones.

Meanwhile, Korea Investment Trust Management is also engaged in various activities related to Vietnam investment. Individual investors interested in Vietnam investment can watch the 'Korea Investment Vietnam' series on Korea Investment Trust Management's official YouTube channel. An event is also ongoing where the first 100 people (daily) who purchase the 'ACE Vietnam VN30 ETF' by March 7 will receive a 10,000 KRW Shinsegae gift certificate. This event can be applied for on the ACE ETF website.

This content was produced with the assistance of AI translation services.