Vietnam Holding: how ESG adoption can accelerate Vietnam’s economic growth
Craig Martin of Dynam Capital, the manager of (VNH ), speaks to Vox about how the trust is helping to drive Vietnam’s adoption of ESG standards, and the importance of renewable energy investment to the country’s ongoing economic transformation.
0:28 Highlights from Vietnam’s inaugural ESG investment conference, how and ESG is shaping the Vietnamese economy.
1:30 Why ESG matter to Vietnam, and how it’s built into Vietnam Holding’s assessment philosophy as an early adopter of UN ESG principles.
3:13 How VNH uses ESG criteria as a tool for screening for good companies to help it improve performance, and how it engages with its companies to help them rerate by improving their ESG performance.
5:53 How recent portfolio addition PV Technical Services is transferring its skills built up in oil and gas into the construction of offshore wind and benefitting from Vietnam’s transition to being a renewable energy exporter.
9:43 The importance the PDP8 plan in transitioning the country to renewable energy will further support the country’s economic development by improving access for solar and wind energy producers.
13:25 How Vietnam’s rapid growth and urbanisation is driving demand for electricity, and why investment in renewables has a “multiplier” effect on economic growth.
15:06 Vietnam’s natural resources as a coastal nation, and the advantage in playing “catch up” to learn from what’s worked in more developed economies.
16:53 The reasons behind a better month for Vietnam’s equity markets, including the return of tourism and domestic retail investors to its markets.
19:15 VNH’s portfolio’s continuing cheapness, rapid earnings growth, and the creation of liquidity for the fund.
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