Frontier and emerging markets (Vietnam)

Dylan Waller

Nomadic Equity

Thematic (Sector/Industry)

Vietnam Consumer discretionary / Thematic (Sector/Industry)

<p>Vietnam's textile industry has a furry of benefits and challenges ahead of it, and overall this industry should represent a strong portion of a manufacturing based segment of a portfolio.  The main current challenge for this industry is the high costs of importing materials, which presents a threat to companies in this industry, and has resulted in extremely low profit margins.  Despite these challenges, a large portion of textile companies have delivered strong financial growth in the past four years, and have developed a strong export network in Japan, Europe, and America.  The three companies mentioned in this insight present a feasible addition to a portfolio, while previously mentioned <a href="https://www.smartkarma.com/entities/21083" target="_blank" data-smartkarma-citation="entities:21083">Tng Investment &amp; Trading Jsc</a> appears to be the clearest domestic winner.</p>

Vietnam's textile industry has a furry of benefits and challenges ahead of it, and overall this industry should represent a strong portion of a manufacturing based segment of a portfolio.  The main current challenge for this industry is the high costs of importing materials, which presents a threat to companies in this industry, and has resulted in extremely low profit margins.  Despite these challenges, a large portion of textile companies have delivered strong financial growth in the past four years, and have developed a strong export network in Japan, Europe, and America.  The three companies mentioned in this insight present a feasible addition to a portfolio, while previously mentioned Tng Investment &amp; Trading Jsc appears to be the clearest domestic winner.

Hoa Binh Construction And Real Estate (HBC VN)

Binh Thanh Import Export Production And Trade Jsc (GIL VN)

Binh Thanh Import Export Production And Trade Jsc

Thanh Cong Textile Garment Investment Trading JSC (TCM VN)

Thanh Cong Textile Garment Investment Trading JSC

Khang Dien House Trading and Investment JSC (KDH VN)

Khang Dien House Trading and Investment JSC

Hanoi Education Investment And Development Jsc (EID VN)

Hanoi Education Investment And Development Jsc

Danang Education Development And Investment Jsc (DAD VN)

Danang Education Development And Investment Jsc

Phuong Nam Education Investment And Development Jsc (SED VN)

Phuong Nam Education Investment And Development Jsc

Ha Noi South Housing And Urban Development (NHA VN)

Ha Noi South Housing And Urban Development

Value Investing in Vietnam's Textile Industry: Challenges and Opportunities for Domestic Companies