Vietnam bust
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- Senior Member
- Posts: 38
- Joined: Wed May 28, 2003 2:17 am
Vietnam bust
A perfect storm of enthusiasm, inflation, credit expansion, and government intervention to stem the mania has created a stunning downward spiral in Vietnam. This is a country that has great prospects and will continue to benefit from its natural resources and proximity to China. A turnaround might take years but the bargains are already appearing with some PE ratios dropping under 10.
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- HOSE Index
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