Vietnam’s stock market making a comeback

“Vietnam’s stock market may end the year among Asia’s top performers, after a 20 per cent rebound so far.  Relatively low valuations make Vietnam’s stock market among the cheapest in the region while year-to-date returns have been handsome.  Second only to Pakistan in stock market returns this year, analysts say Vietnam is winning back much of the confidence it had lost.  As a competitor for foreign money to neighbouring Myanmar, analysts say Vietnam may be due for a second wind.  Overshadowed on some levels by Myanmar, Vietnam is making a comeback of sorts. The government’s shift from pro-growth to pro-stability has eased inflation and improved the country’s trade balance.”

http://www.channelnewsasia.com/news/business/international/vietnam-s-stock-market/878550.html

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