VinaCapital VN100 ETF · HOSE:FUEVN100
VinaCapital VN100 ETF — VinaCapital — VinaCapital 2022 Investor Conference
25 slides from VinaCapital VN100 ETF's conference presentation, Oct 6, 2022
Slide 1: 2022 Investor Conference
ké VinaCapital 2022 INVESTOR CONFERENCE Ho Chi Minh City, Vietnam | 5-7 October 2022
Slide 2: Keynote Speaker: Suvir Varma
ké VinaCapital Keynote Speaker ! é = Suvir Varma, Senior Advisor, Bain & Company 2022 Investor Conference “y I | | OT ee ETO W002 i
Slide 3: VinaCapital Investor Conference
VinaCapital Investor Conference 6th October 2022
Slide 4: What we see in Vietnam
What we see in Vietnam 1 2 3 Vietnam has undergone a A wide range of investors The outlook is favorable transformative shift are chasing growth with ample opportunities in the last decade enabled by robust and driving up foreign direct investment (FDI) across a breadth of accelerating, flourishing e
Slide 5: What we see in Vietnam
What we see in Vietnam 1 2 3 Vietnam has undergone a A wide range of investors The outlook is favorable transformative shift are chasing growth with ample opportunities in the last decade enabled by robust and driving up foreign direct investment (FDI) across a breadth of accelerating, flourishing e
Slide 6: Vietnam is experiencing the strongest GDP per capita growth in the region
Vietnam is experiencing the strongest GDP per capita growth in the region GDP per capita, indexed (1990 = 100) GDP per capita growth Forecast Country 90-00 00-10 10-20 20-30F South- VN 6% 6% 5% 5% east Asia ID 3% 4% 3% 3% (SEA) PH 1% 3% 3% 3% MY 4% 3% 3% 2% SG 4% 3% 2% 3% TH 3% 4% 2% 2% Rest of IN 4
Slide 7: Five fundamental pillars driving Vietnam's growth
Five fundamental pillars driving Vietnam’s growth Talent Infrastructure Governance Geopolitics / Trade Digital Economy Large and highly Consistent focus on Improving business Export-oriented Digital-savvy nation skilled workforce infrastructure governance and ease economy with balanced leap-frogging
Slide 8: Talent: A very sizable, quality and competitive workforce
Talent: A very sizable, quality and competitive workforce among Southeast Asia (SEA) 2nd 70% 68% Largest workforce in SEA Female workforce participation Working-age population High investments in education Best quality graduates SNG 221006_VinaCap conference_v5 8 (003)
Slide 9: Infrastructure: Development underway to build up connectivity
Infrastructure: Development underway to build up connectivity for people and businesses High GDP spend on infrastructure Booming infrastructure projects 2018 Dau Tieng Solar Power Project 2019 North-South Expressway 2021 Transport Infra Master Plan 2022 Long Thanh Airport 2023+ Lach Huyen Port Phase
Slide 10: Governance: Improving governance and policies
Governance: Improving governance and policies to facilitate opening of new businesses High volume of new businesses Private sector driving economy 2nd largest Improvement in World Bank ‘Government Effectiveness ranking PPP Law Newly effective in 2021 to facilitate private investment SNG 221006_VinaC
Slide 11: Geopolitics / Trade: Quickly transforming into a high value-add export powerhouse
Geopolitics / Trade: Quickly transforming into a high value-add export powerhouse in the region 2nd highest export value in SEA Fastest export growth Forecast 56% Exports are high value-added goods and services 90% Exports linked to major economies SNG 221006_VinaCap conference_v5 11 (003)
Slide 12: Digital Economy: Fastest-growing digital economy in the region
Digital Economy: Fastest-growing digital economy in the region Digital economy GMV to grow at the fastest pace in SEA $22B Vietnam’s digital economy size 73.5% Smartphone penetration 1st In cryptocurrency adoption globally SNG 221006_VinaCap conference_v5 12 (003)
Slide 13: What we see in Vietnam
What we see in Vietnam 1 2 3 Vietnam has undergone a A wide range of investors The outlook is favorable transformative shift are chasing growth with ample opportunities in the last decade enabled by robust and driving up foreign direct investment (FDI) across a breadth of accelerating, flourishing e
Slide 14: Foreign direct investment (FDI) has grown by >60% between 2015-2021
Foreign direct investment (FDI) has grown by >60% between 2015-2021 Manufacturing dominates FDI SEA ramping up participation Trade liberalization Improvements to local laws and 8 FTAs Manufacturing hub advantage Low-cost skilled labor, China proximity and improving infrastructure Undertapped consume
Slide 15: The M&A market has rebounded sharply to pre-COVID level
The M&A market was heating up, and has rebounded sharply to pre-COVID level Resilient and growing fast M&A value Increasing average deal size COVID-19 COVID-19 +148% +104% +22% CAGR +15% CAGR SNG 221006_VinaCap conference_v5 15 (003)
Slide 16: Foreign investors have driven ~90% deals on average since 2015
Foreign investors have driven ~90% deals on average since 2015 Foreign investors are driving more M&A deals in recent years Foreign M&A deals 3x Increase to 2021 from 2015 ($1.5B) 12% Of total FDI in 2021 SNG 221006_VinaCap conference_v5 16 (003)
Slide 17: Consortium becoming more prominent driver of deal activity
Consortium becoming more prominent driver of deal activity Increasing investor mix in Vietnam SNG 221006_VinaCap conference_v5 17 (003)
Slide 18: Vibrant and diverse group of investors in Vietnam today
Vibrant and diverse group of investors in Vietnam today NON-EXHAUSTIVE Corporate Private Equity Venture Capital State-Owned Foreign (select examples) Domestic (select examples) Top Consumer Products Consumer Products E-Commerce Utilities Sectors Mining/Metals Real Estate FinTech Transportation Retai
Slide 19: What we see in Vietnam
What we see in Vietnam 1 2 3 Vietnam has undergone a A wide range of investors The outlook is favorable transformative shift are chasing growth with ample opportunities in the last decade enabled by robust and driving up foreign direct investment (FDI) across a breadth of accelerating, flourishing e
Slide 20: We see deep opportunities across a breadth of segments in Vietnam
We see deep opportunities across a breadth of segments in Vietnam Consumer-based Manufacturing FinTech Infrastructure Real Estate Sectors (e.g., payments, insurance) (e.g., residential, industrial) (e.g., retail, education) (e.g., automotive / EV, (e.g., transportation, electronics, semi-con) renewa
Slide 21: We see deep opportunities across a breadth of segments in Vietnam
We see deep opportunities across a breadth of segments in Vietnam Deep dive on subsequent pages Consumer-based Manufacturing FinTech Infrastructure Real Estate Sectors (e.g., payments, insurance) (e.g., residential, industrial) (e.g., retail, education) (e.g., automotive / EV, (e.g., transportation,
Slide 22: Manufacturing: The China factors, low OPEX, and trade-friendly environment
Manufacturing: The China factors, low OPEX, and trade-friendly environment solidify VN’s position The China factors Low-cost skilled workforce Chinese investment Consistent investment from China to Vietnam, leveraging free 8 trade agreements Free-Trade Agreements, #1 in SEA Supply chain de-risk Dive
Slide 23: Fintech: Nascent but growing rapidly
Fintech: Nascent but growing rapidly with an increasingly supportive regulatory environment Fintech ecosystem is growing Drivers for growth Mobile penetration 73.5% mobile penetration rate, highest in SEA $780M Cumulative funding for Fintech from 2017-2021 Maturing regulation 5-year plan to drive de
Slide 24: In summary: Vietnam by 2030
In summary By 2030, VIETNAM will have The nation and its people are PROSPERING at historical pace Businesses are THRIVING, from insurgent / $370B GDP start-ups to home-grown local champions Investment landscape is becoming more 104M population, 3 largest in SEA rd VIBRANT with diverse investors and
Slide 25: VinaCapital contact details and disclaimer
17th Floor, Sun Wah Tower 115 Nguyen Hue, District 1, Ho Chi Minh City, Vietnam P: +84 28 3821 9930 Email: ir@vinacapital.com Website: www.vinacapital.com Ho Chi Minh City | Hanoi | Singapore DISCLAIMER The information contained herein has been prepared by VinaCapital (the “Company") and is subject