Vietnam’s economy grew by 8% in 2025, with GDP per capita surpassing $5,000. Rising incomes, private-sector reforms, and a major infrastructure build-out are creating investment opportunities across the economy, while Vietnam’s FTSE emerging-market upgrade on 21 September marks a significant step in the development of its capital markets. Vietnam Enterprise Investments Limited (VEIL), a London-listed investment trust and FTSE 250 constituent, offers access to these opportunities. Launched in 1995, VEIL is managed by Dragon Capital, which has operated in Vietnam since 1994. Its local research team identifies companies positioned to benefit from the country’s development, from retailers serving an increasingly affluent population to banks financing business expansion. This on-the-ground experience helps distinguish long-term opportunities from market expectations.
