Given that Vietnam was the second best performing stock market of 2006 (surpassed only by Peru), then will it continue for 2007? With the present positive sentiment towards Vietnam and the number of State Owned Enterprises still to be listed, then certainly the potential is there. A lot will also depend on macroeconomic events in the region and globally. Here's the link to the VN Index:
After a 12-year wait, then on 11th January 2007 Vietnam obtained the WTO membership card. After a ceremony of admitting Vietnam into the WTO took place in Geneva, then Vietnam became the 150th World Trade Organization member.
Some of the Vietnam 'plays' listed in London include:
Vietnam Holding Ltd (VNH) is a strategic investment company, with assets of over $100 million and a predominantly Swiss investor base. Its shares are listed on AIM (Alternative Investment Market) on the London Stock Exchange.
Vietnam Opportunity Fund (VOF) is a US$560 million closed-end fund listed on the London Stock Exchange (AIM). VOF focuses on the key growth sectors of the domestic economy including financial services, retail, consumer goods, tourism, property, infrastructure, and technology. In addition, we invest in equity and debt investments in listed, OTC traded and private companies as well as participation in state-owned company privatizations.
This is managed by VinaCapital (who also manage the Vietnamese real estate fund - VinaLand.)
Triple Plate Junction (TPJ) is an aggressive gold exploration company. Its geographical focus is in South East Asia. TPJ is exploring for gold in Vietnam and Papua New Guinea, both countries that have the potential to host world class gold and copper-gold deposits.
For Vietnam news, acouple of on-line newspapers provide comprehensive and updated coverage.
Thanh Nien, the flagship publication of the Vietnam National Youth Federation, launched its first issue on January 3, 1986. Since then, Thanh Nien has become one of the most prestigious and influential newspapers in Vietnam.
