“Although Vietnam toils in the shadow of bigger economies in Asia, it’s unwise to think of it as an economic also-ran. The country has a population of roughly 90 million and a median age just below 30, which compares favorably versus the rapidly aging societies of China and Japan with median ages of 37 and 46, respectively,” reports Rick Roberts for Financial Advisor.
An important issue for VNM in 2015 will be Vietnam’s ability to liberalize its financial markets and attract foreign institutional investors, many of which have been leery of the country’s legal structure and perceived lack of liquidity.
It is widely expected Vietnam will boost foreign ownership limits for some sectors to 60% this year from 49%. That could stoke institutional buying of local stocks, lifting VNM along the way.
Market Vectors Vietnam ETF
