A Supportive Environment for Vietnamís Stock Markets
Kevin Snowball, Chief Executive Officer
PXP Vietnam Asset Management
Vietnam’s new-era of macroeconomic stability driving investment
A new era of economic and policy stability has created a benign and improving macroeconomic environment in Vietnam, and is driving significant changes in the country. Investor recognition of these advances is largely responsible for the outperformance of Vietnam’s stock markets relative to regional bourses and frontier peers over the last two years or so. Having learnt a number of lessons, the hard way, through the global financial crisis and on into 2011 Vietnam is now three years into a new stage of its development.