The Vietnam stock market is in its early stage, commodities trading are limited, the debt market is not in place, and derivatives are not available, which means the potential for investment funds is HUGE.
Vietnam is expected to see a boom in investment funds as the country's stock market has become increasingly attractive to investors, experts said at the "Funds World Vietnam 2007" conference beginning here on Wednesday.
An estimate of 20 new country funds had been set up with 3-4bil USD and ready to invest in Vietnam. Many new funds will target initial public offerings as well as listed shares.
Several existing funds are reaching their full size targets as well. Some 46 estimated country funds are believed to operate in Vietnam with assets between $7-8bil USD.
Friday, November 2, 2007
Investment funds are booming in Vietnam
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