- VinaCapital Vietnam Opportunity Fund posted a negative performance in the first half that undershot its benchmark.

The company's net asset value total return per share for the six months through December fell 2.3%.

The Vietnamese index rose by 1.7% over the same time period.

VinaCapital Vietnam said the Vietnamese economy had been performing very strongly until the arrival of the Covid-19 pandemic.

'Although the underlying fundamentals of the economy are excellent, the impact of the virus in the short and medium term render any forecasting moot, both regionally and globally,' it said.

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