Vietnam: Tail of the Dragon (Mirae Asset)

China and India attract the lion’s share of attention for global investors seeking Asian investment opportunities. For the uninitiated, Vietnam may call to mind images of terraced rice fields, conical hats, and pho rather than capital markets. However, savvy global investors are increasingly focused on this Southeast Asian country’s vast investment opportunities.
Vietnam is one of the fastest-growing economies in Asia, supported by a young and literate population of nearly 93 million people, relative political and economic stability, and strong foreign direct investment (FDI). When running a long-run historical analysis of economic growth over three decades, Vietnam arises as one of the world’s fastest-growing economies on a compound annual growth rate of over 6% (CAGR) with one of the lowest standard deviation of growth rates. This begs the question as to whether Vietnam will emerge as the next major growth story in the region. After closer examination, we believe that Vietnam is well on its way to becoming one of the most vibrant economies in the region as the tail of the proverbial Sino Dragon over the next decade due to a confluence of compelling attributes and factors. READ MORE

Similar Posts:

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Visit Us On TwitterVisit Us On FacebookVisit Us On LinkedinCheck Our FeedVisit Us On Instagram