Walter Morton

Vietnam and the New Frontier

There has been some coverage in the WSJ about Vietnam over the last 18 months. Vietnam is now where the rest of Asia goes for cheap labor and rapidly modernizing agriculture (food production.) It's definitely a hot economy and will have ups and downs. I do not see a lot of win-win investments. Vietnam has also been called "the poor man's Hong Kong" with some aspects of openess to trade and rapid development. I do not own any shares in any Vietnamese enterprise but am looking at businesses that are taking advantage of conditions there, i.e. this kind of thing:
www.kepcorp.com/press/...