“If Vietnam were a company, we would highlight market share gains, a strong balance sheet, robust growth, and good management. We maintain our positive view on Vietnam. Given the strong growth momentum, we believe foreign investors don’t have to dig deep to generate alpha. We believe sector-leading large-cap stocks are best positioned to handle the disruption caused by COVID-19 and should benefit from one of Asia’s best long-term growth stories,” said the report. … [Read more...] about Vietnam – one of the best long-term growth stories in Asia
Stocks for long term investment
“Along with newly-registered projects, multinational groups which are already present in Vietnam are also looking to expand their local facilities, thus the government has ordered the establishment of the working group, which will work with each of them to discuss their difficulties as well as their individually proposed incentives and then build solutions so that they can continue disbursing capital,” Thang told VIR. “Furthermore, the taskforce will monitor the progress of those projects which have been licensed but have yet to begin construction.” … [Read more...] about Post-pandemic focus for new investments
Don Lam, co-founder and CEO of investment fund VinaCapital, said the COVID-19 crisis exposed serious weaknesses in many supply chains around the world, and the WTO predicts that the pandemic to cause a 30 per cent fall in global FDI flows. The world has in fact been slowly de-globalising since the financial crisis of 2008, he said. … [Read more...] about Vietnam expects imminent new wave of foreign investment
Vietnamese oil and gas stocks grew well, including PetroVietnam Gas JSC (GAS), Việt Nam National Petroleum Group (PLX), PetroVietnam Drilling & Well Services Corporation (PVD), PetroVietnam Power Corp (POW), and PetroVietnam Technical Services (PVS). … [Read more...] about Shares advance on the rise of oil stocks
Under the resolution, the country will aim to attract foreign investment in a selective manner, focusing on quality, efficiency, technology and environmental protection. Priority will be given to foreign direct investment (FDI) projects that use advanced technology and modern management with high added value, bringing spillover effects to Vietnamese enterprises, especially small and medium-sized enterprises; and the projects must be able to connect to the global production and supply chain. … [Read more...] about Can Vietnam could take advantage of new foreign investment strategies?