Vietnamese market offers potential growth opportunities for investors
(VOVWORLD) - Emerging markets like Vietnam can provide potential growth opportunities for investors who do their due diligence, according to an article published by ETF Trends, a leading source in Exchange Traded Funds (ETF) news of the US.
 (Photo: VNA) |
The article said investing in emerging markets can come with its own nuances, particularly because each country’s performance can vary with respect to their economic stability.
Vietnam was able to rebound from the pandemic due to a quick, pointed response by its government, the article noted.
Fitch Ratings forecasts growth ahead for Vietnam in 2022. Economic effects related to the pandemic don’t appear to be as severe, thanks to the government’s effective vaccination program.
Fitch Ratings expects growth to reach 7.9% this year and 6.5% in 2023 as the recovery becomes established, attributed to the rebound of domestic and the current growth of exports.