News Formal

Cheap valuations, strong growth: Fund manager says it's time to buy Vietnam stocks

  • 📰 CNBC
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 72%

Colombia Noticias Noticias

Colombia Últimas Noticias,Colombia Titulares

Vietnam's stock index has fallen more than 10% this year, and one portfolio manager says now is a 'good time to consider investing in Vietnam.'

The VN index in Vietnam has fallen more than 10% this year, and Dragon Capital's Thao Ngo says it's time for investors to enter the market.

Ngo outlined multiple reasons why the firm is bullish on the Southeast Asian economy, including political stability and its macro policy. As of Monday's close, the VN index has fallen close to 14% for the year — a sharp reversal following two years of blockbuster gains for the benchmark index in the earlier phase of the pandemic.

 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 12. in CO

Colombia Últimas Noticias, Colombia Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Even after sell-off, stocks are not cheap based on shaky 2023 earnings estimatesInvestors are now starting to value stocks off of 2023 earnings.
Fuente: CNBC - 🏆 12. / 72 Leer más »