Tuesday, April 8, 2008

Vietnam

The market getting the most recent attention is Vietnam, which has experienced 7.5% average annual GDP growth over the past decade and continues to post strong economic growth despite the U.S. slowdown.

All of this is spurring more talk about the feasibility of a Vietnam fund or even an exchange-traded fund down the road. Nguyen Tan Dung, prime minister, said Vietnam's communist government was committed to a target of 8% to 9% annual GDP growth. It also planned to boost the value of exports by 20% this year.

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