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Vietnam's Extraordinary Macroeconomic Story | |
| Vietnam is in the early stages of dramatic growth. The government has embraced capitalism, GDP growth has been 6%+ strong over the last decade and is expected to continue for another 10-15 years. Global economic uncertainty has made Vietnam extremely undervalued and provided a low risk entry point for long term investors.
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The large population of 90 million people is young (50% under 27) and highly literate (97%). The labor force is very competitive with salaries substantially lower than China. As Vietnam transitions from an agricultural to industrial economy, disposable income has increased rapidly causing a dramatic increase in consumer demand. Huge investment opportunities are being created in servicing the emergence of a middle class where credit cards and mortgages are non-existent, internet penetration is extremely low, and incomes are growing rapidly. Vietnam's economic growth is evident in its young stock market. The entire market cap, which was $500 million in 2005 has rocketed to over $14 billion today with daily trading volume at $75 million. As the above chart shows, there is plenty of room for the market to double or triple. The macroeconomic story in Vietnam is extraordinary and the case for investment in Vietnam is powerful! If you are interested to find out more about Vietnam and how to invest in Vietnam, please contact us. |
