 |
| Vietnam's economy is growing rapidly, far surpassing other countries in the region. |
Growth is driven by a range of sectors, from high-tech manufacturing to natural resources and important trade relationships, especially with the US and China.
Vietnam is becoming increasingly important to global trade, with a strong domestic market, fueled by a growing middle class and favorable demographics.
There are many factors that show that Vietnam is now a convincing model for investors who want to diversify their investment portfolio into emerging markets. Many opinions say that Vietnam has become a diversified economy, balancing export-led growth with increasing domestic demand. Thanks to that, Vietnam has both strong exports and a growing domestic consumer base.
Vietnam’s public equity opportunities are concentrated in the financial, real estate and consumer staples sectors. The top 10 stocks in the MarketVector Vietnam Local Index are all in these sectors and are also heavily dependent on domestic sales. This reinforces the argument that Vietnam’s economy has strong domestic demand.
Despite macroeconomic shocks, including the Covid-19 pandemic and economic problems in China, Vietnam's domestic stocks have outperformed emerging markets since 2018.
Given Vietnam's economic and market structural reforms over the past decade, investors should take a close look at this emerging opportunity.
Source
Comment (0)