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Vietnam's benchmark VN Index could rally 65% through 2013, according to Samsung Asset...

Vietnam's benchmark VN Index could rally 65% through 2013, according to Samsung Asset Management, as falling interest rates will reverse the deepest earnings slump in three years. Vietnamese stocks have been Asia's biggest losers over the last five years, but are now discounting economic and corporate improvements. (Vietnam ETF: VNM)
Comments (1)
  • bsorge
    , contributor
    Comments (733) | Send Message
     
    I am a big fan of emerging markets and am also long Colombia ETF. I have been watching VNM for a long time, but after consulting friends in Hong Kong, Thailand, and Vietnam I have passed on this so far. The reason is soaring inflation and corruption. Also if you look at the stock since 2010 it has been a loser. I think you need to get some more first hand information on this place before recommending.
    29 May 2012, 07:00 AM Reply Like
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