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home / news releases / VNM - Vietnam's Star Rises


VNM - Vietnam's Star Rises

By Christopher Vass, senior product manager

Amid the trade tension that has been felt globally, one star in Asia has been glowing ever brighter. Vietnam has emerged as one of the fastest-growing countries in the East. As shown in Chart 1, Vietnam's real GDP growth was 7.1% in 2018, the highest growth rate in more than a decade and only beaten by India in the region.

This economic expansion is mainly driven by Vietnam's transformation into a global manufacturing hub. Chart 3 shows that Vietnam has surpassed many of its neighbors as a global merchandise

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Stock Information

Company Name: VanEck Vietnam ETF
Stock Symbol: VNM
Market: NYSE

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