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    <isConfidential>false</isConfidential>
    <filerInfo>

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        <issuerCredentials>
          <cik>0001137360</cik>
          <ccc>XXXXXXXX</ccc>
        </issuerCredentials>
      </filer>


      <seriesClassInfo>
        <seriesId>S000022905</seriesId>
        <classId>C000066397</classId>
      </seriesClassInfo>


    </filerInfo>
  </headerData>
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      <regFileNumber>811-10325</regFileNumber>
      <regCik>0001137360</regCik>
      <regLei>549300ZLFKNTXC51ZN76</regLei>
      <regStreet1>666 THIRD AVENUE, 9TH FLOOR</regStreet1>
      <regCity>NEW YORK</regCity>
      <regStateConditional regCountry="US" regState="US-NY"/>
      <regZipOrPostalCode>10017</regZipOrPostalCode>
      <regPhone>212-293-2000</regPhone>
      <seriesName>VanEck Vietnam ETF</seriesName>
      <seriesId>S000022905</seriesId>
      <seriesLei>549300HUYWGGNXIGVE40</seriesLei>
      <repPdEnd>2025-12-31</repPdEnd>
      <repPdDate>2025-06-30</repPdDate>
      <isFinalFiling>N</isFinalFiling>
    </genInfo>
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      <totLiabs>7345464.02</totLiabs>
      <netAssets>421766047.83</netAssets>
      <assetsAttrMiscSec>0.00000000</assetsAttrMiscSec>
      <assetsInvested>0.00000000</assetsInvested>
      <amtPayOneYrBanksBorr>1349754.58000000</amtPayOneYrBanksBorr>
      <amtPayOneYrCtrldComp>0.00000000</amtPayOneYrCtrldComp>
      <amtPayOneYrOthAffil>0.00000000</amtPayOneYrOthAffil>
      <amtPayOneYrOther>0.00000000</amtPayOneYrOther>
      <amtPayAftOneYrBanksBorr>0.00000000</amtPayAftOneYrBanksBorr>
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      <amtPayAftOneYrOther>0.00000000</amtPayAftOneYrOther>
      <delayDeliv>0.00000000</delayDeliv>
      <standByCommit>0.00000000</standByCommit>
      <liquidPref>0.00000000</liquidPref>
      <cshNotRptdInCorD>957294.64000000</cshNotRptdInCorD>
      <isNonCashCollateral>N</isNonCashCollateral>
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        <monthlyTotReturns>
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        </monthlyTotReturns>
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        <othMon2 netRealizedGain="-1645.21000000" netUnrealizedAppr="46518501.44000000"/>
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        <name>VNDirect Securities Corp</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Saigon - Hanoi Commercial Joint Stock Bank</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Sai Gon-Ha Noi Securities JSC</name>
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        <fairValLevel>1</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>Vietcap Securities JSC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>KIDO Group Corp</name>
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        <name>IDICO Corp JSC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Gelex Group JSC</name>
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      <invstOrSec>
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      <invstOrSec>
        <name>Vietnam Construction and Import-Export JSC</name>
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        <name>Ha Do Group JSC</name>
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        <name>Vietnam Export Import Commercial JSB</name>
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        <invCountry>VN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CEO Group JSC</name>
        <lei>N/A</lei>
        <title>CEO Group JSC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="VN000000CEO3"/>
        </identifiers>
        <balance>4704705.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="VND" exchangeRt="26120.50000000"/>
        <valUSD>3224066.14000000</valUSD>
        <pctVal>0.764420501979</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>VN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kinh Bac City Development Holding Corp</name>
        <lei>N/A</lei>
        <title>Kinh Bac City Development Holding Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="VN000000KBC7"/>
        </identifiers>
        <balance>4603900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="VND" exchangeRt="26120.50000000"/>
        <valUSD>4725070.36000000</valUSD>
        <pctVal>1.120306004788</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>VN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PetroVietNam Ca Mau Fertilizer JSC</name>
        <lei>N/A</lei>
        <title>PetroVietNam Ca Mau Fertilizer JSC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="VN000000DCM9"/>
        </identifiers>
        <balance>2458200.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="VND" exchangeRt="26120.50000000"/>
        <valUSD>3171947.51000000</valUSD>
        <pctVal>0.752063265006</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>VN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Khang Dien House Trading and Investment JSC</name>
        <lei>N/A</lei>
        <title>Khang Dien House Trading and Investment JSC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="VN000000KDH2"/>
        </identifiers>
        <balance>2738466.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="VND" exchangeRt="26120.50000000"/>
        <valUSD>3085336.26000000</valUSD>
        <pctVal>0.731527887527</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>VN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PetroVietnam Power Corp</name>
        <lei>N/A</lei>
        <title>PetroVietnam Power Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="VN000000POW7"/>
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        <balance>9061510.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="VND" exchangeRt="26120.50000000"/>
        <valUSD>4512189.67000000</valUSD>
        <pctVal>1.069832361617</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>VN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Vinhomes JSC</name>
        <lei>2549007LS0F7J946DA02</lei>
        <title>Vinhomes JSC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="VN000000VHM0"/>
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        <balance>11664867.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="VND" exchangeRt="26120.50000000"/>
        <valUSD>34285560.99000000</valUSD>
        <pctVal>8.129047173521</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>VN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Development Investment Construction JSC</name>
        <lei>N/A</lei>
        <title>Development Investment Construction JSC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="VN000000DIG8"/>
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        <balance>5377649.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="VND" exchangeRt="26120.50000000"/>
        <valUSD>3647350.72000000</valUSD>
        <pctVal>0.864780543328</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>VN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Viettel Construction Joint Stock Corp</name>
        <lei>N/A</lei>
        <title>Viettel Construction Joint Stock Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="VN000000CTR4"/>
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        <balance>641400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="VND" exchangeRt="26120.50000000"/>
        <valUSD>2523949.42000000</valUSD>
        <pctVal>0.598424039342</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>VN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VIX Securities JSC</name>
        <lei>N/A</lei>
        <title>VIX Securities JSC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="VN000000VIX5"/>
        </identifiers>
        <balance>26664406.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="VND" exchangeRt="26120.50000000"/>
        <valUSD>13043697.25000000</valUSD>
        <pctVal>3.092638043557</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>VN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hoang Huy Investment Financial Services JSC</name>
        <lei>N/A</lei>
        <title>Hoang Huy Investment Financial Services JSC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="VN000000TCH5"/>
        </identifiers>
        <balance>5300020.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="VND" exchangeRt="26120.50000000"/>
        <valUSD>4063600.95000000</valUSD>
        <pctVal>0.963472752467</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>VN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SSI Securities Corp</name>
        <lei>213800IF2RICE613K743</lei>
        <title>SSI Securities Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="VN000000SSI1"/>
        </identifiers>
        <balance>24604639.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="VND" exchangeRt="26120.50000000"/>
        <valUSD>23299334.76000000</valUSD>
        <pctVal>5.524231947990</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>VN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BAF Viet Nam Agriculture JSC</name>
        <lei>N/A</lei>
        <title>BAF Viet Nam Agriculture JSC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="VN000000BAF1"/>
        </identifiers>
        <balance>2764600.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="VND" exchangeRt="26120.50000000"/>
        <valUSD>3725576.46000000</valUSD>
        <pctVal>0.883327730899</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>VN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Vinh Hoan Corp</name>
        <lei>N/A</lei>
        <title>Vinh Hoan Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="VN000000VHC1"/>
        </identifiers>
        <balance>2214760.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="VND" exchangeRt="26120.50000000"/>
        <valUSD>5064267.55000000</valUSD>
        <pctVal>1.200729071497</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>VN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Duc Giang Chemicals JSC</name>
        <lei>N/A</lei>
        <title>Duc Giang Chemicals JSC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="VN000000DGC1"/>
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        <balance>2498032.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="VND" exchangeRt="26120.50000000"/>
        <valUSD>9737947.18000000</valUSD>
        <pctVal>2.308850423143</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>VN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Vietjet Aviation JSC</name>
        <lei>254900B9MW90NGJLAM60</lei>
        <title>Vietjet Aviation JSC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="VN000000VJC7"/>
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        <balance>1885940.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="VND" exchangeRt="26120.50000000"/>
        <valUSD>6363168.19000000</valUSD>
        <pctVal>1.508696165264</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>VN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Van Phu Real estate development JSC</name>
        <lei>N/A</lei>
        <title>Van Phu Real estate development JSC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="VN000000VPI1"/>
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        <balance>2290552.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="VND" exchangeRt="26120.50000000"/>
        <valUSD>4673969.55000000</valUSD>
        <pctVal>1.108190091176</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>VN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tasco JSC</name>
        <lei>N/A</lei>
        <title>Tasco JSC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="VN000000HUT7"/>
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        <balance>8460300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="VND" exchangeRt="26120.50000000"/>
        <valUSD>4178245.82000000</valUSD>
        <pctVal>0.990654852731</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>VN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Bank for Foreign Trade of Vietnam JSC</name>
        <lei>2549004TS5QUBFGAWE51</lei>
        <title>Bank for Foreign Trade of Vietnam JSC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="VN000000VCB4"/>
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        <balance>11324101.00000000</balance>
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        <currencyConditional curCd="VND" exchangeRt="26120.50000000"/>
        <valUSD>24717909.77000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>VN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Thanh Thanh Cong - Bien Hoa JSC</name>
        <lei>N/A</lei>
        <title>Thanh Thanh Cong - Bien Hoa JSC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="VN000000SBT4"/>
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        <currencyConditional curCd="VND" exchangeRt="26120.50000000"/>
        <valUSD>5126901.23000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>VN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Hoa Sen Group</name>
        <lei>N/A</lei>
        <title>Hoa Sen Group</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="VN000000HSG8"/>
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        <balance>4805201.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="VND" exchangeRt="26120.50000000"/>
        <valUSD>3057777.26000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>VN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Vingroup JSC</name>
        <lei>254900MJ9C15O3O1V757</lei>
        <title>Vingroup JSC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="VN000000VIC9"/>
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        <balance>9323849.00000000</balance>
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        <currencyConditional curCd="VND" exchangeRt="26120.50000000"/>
        <valUSD>34132700.16000000</valUSD>
        <pctVal>8.092804135281</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>VN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Hoa Phat Group JSC</name>
        <lei>549300ODJEFGL5CWKD32</lei>
        <title>Hoa Phat Group JSC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="VN000000HPG4"/>
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        <balance>33834699.00000000</balance>
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        <currencyConditional curCd="VND" exchangeRt="26120.50000000"/>
        <valUSD>29481909.82000000</valUSD>
        <pctVal>6.990109794680</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>VN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Phat Dat Real Estate Development Corp</name>
        <lei>N/A</lei>
        <title>Phat Dat Real Estate Development Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="VN000000PDR0"/>
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        <balance>6845136.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="VND" exchangeRt="26120.50000000"/>
        <valUSD>4738246.42000000</valUSD>
        <pctVal>1.123430025811</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>VN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PetroVietnam Technical Services Corp</name>
        <lei>N/A</lei>
        <title>PetroVietnam Technical Services Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="VN000000PVS0"/>
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        <balance>3143500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="VND" exchangeRt="26120.50000000"/>
        <valUSD>3959386.31000000</valUSD>
        <pctVal>0.938763641685</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>VN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Saigon Beer Alcohol Beverage Corp</name>
        <lei>N/A</lei>
        <title>Saigon Beer Alcohol Beverage Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="VN000000SAB4"/>
        </identifiers>
        <balance>2481000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="VND" exchangeRt="26120.50000000"/>
        <valUSD>4465127.81000000</valUSD>
        <pctVal>1.058674076060</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>VN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nam A Commercial JSB</name>
        <lei>N/A</lei>
        <title>Nam A Commercial JSB</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="VN000000NAB5"/>
        </identifiers>
        <balance>7434800.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="VND" exchangeRt="26120.50000000"/>
        <valUSD>4767811.96000000</valUSD>
        <pctVal>1.130439964176</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>VN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FPT Securities JSC</name>
        <lei>N/A</lei>
        <title>FPT Securities JSC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="VN000000FTS5"/>
        </identifiers>
        <balance>3449934.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="VND" exchangeRt="26120.50000000"/>
        <valUSD>4991222.65000000</valUSD>
        <pctVal>1.183410252124</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>VN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Vincom Retail JSC</name>
        <lei>N/A</lei>
        <title>Vincom Retail JSC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="VN000000VRE6"/>
        </identifiers>
        <balance>13627922.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="VND" exchangeRt="26120.50000000"/>
        <valUSD>12865742.43000000</valUSD>
        <pctVal>3.050445263717</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>VN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sai Gon VRG Investment Corp</name>
        <lei>N/A</lei>
        <title>Sai Gon VRG Investment Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="VN000000SIP7"/>
        </identifiers>
        <balance>1792400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="VND" exchangeRt="26120.50000000"/>
        <valUSD>4738407.40000000</valUSD>
        <pctVal>1.123468193890</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>VN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2025-07-24</ncom:dateSigned>
      <ncom:nameOfApplicant>VanEck ETF Trust</ncom:nameOfApplicant>
      <ncom:signature>James Parker</ncom:signature>
      <ncom:signerName>James Parker</ncom:signerName>
      <ncom:title>Assistant Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
