Saturday, November 12, 2016
Vietnam economy continues to roll
South China Morning Post:
Vietnam’s on a roll. In the first nine months of this year, the economy grew by approximately 6 per cent, and analysts are predicting further improvements are on the horizon.
Growth has been boosted by a number of factors. Firstly, foreign direct investment (FDI) and exports have risen, and there is a stronger demand for credit. Agriculture, following a serious drought, is experiencing a respectable recovery. And the republic has benefited vastly from foreign companies like the Korean conglomerate Samsung Electronics, which has set up a plant to manufacture electronic goods.
Vietnam continues to be one of my favorite markets. Vietnam Opportunity Fund allows you to buy the market at a big discount.