VietNam Holding (ticker: VNH) was launched on AIM in 2006, raising $112.5m at $2 per share. At the time, Vietnamese markets were very much flavour of the month, but that soon changed with the main Vietnam index falling by 80% during the financial crisis. VNH did not fare as badly, although it took until 2015 before its NAV recovered to $2 once again. Vietnam has remained popular with some investors, though, thanks to its fast-growing economy, attractive demographics, and proximity to China. Controversy engulfed the trust in 2017 as a result of undeclared director payments and an ongoing connec...
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