Vietnam: In a Sweet Spot (AFC Asia Frontier Fund)
Ruchir Desai, Co-Manager of the AFC Asia Frontier Fund, traveled to Ho Chi Minh City last month to attend an investor conference.
Vietnam – In a sweet spot
It was that time of the year again when we visit Ho Chi Minh City for an annual investor conference which we have been attending since 2014. Last year, I wrote that participation at the investor conference was the highest it has ever been. However, given the correction in the Vietnamese stock market since its high in April 2018 there was less exuberance this time around. That is not necessarily a bad thing for us – the lesser the crowd the better.
Having said that, Vietnam is still one of the most favoured markets amongst frontier investors given its robust economic growth, stable macroeconomic outlook, ability to attract foreign direct investments and now an increasing consensus that the country is expected to benefit from the trade tensions between China and the U.S. READ MORE
- Vietnam: Tail of the Dragon (Mirae Asset)
- Frontier Markets: 2019 Outlook (FIS Group)
- Fitch Upgrades Vietnam to ‘BB’; Outlook Stable (Fitch)
- Vietnamese Verses Chinese Retail Investors (AFC)
- Russell Frontier Markets Equity Fund’s Manager Sees Neglected Gems (WSJ)
- Mark Mobius’s Favorite Emerging Markets: Indonesia, Russia, Brazil, Vietnam and South Africa (WSJ)
- Apocalypse Now For Investors? A Realistic Vietnam Investment Review
- Economic Prospects in Several Emerging Asia Countries (Wells Fargo Securities)
- Nigeria, Argentina and Vietnam Top the Frontier Markets Sentiment Index (WSJ)
- Trade War Steers Chinese Investment Toward Southeast Asia (Nikkei Asian Review)