Vietnam’s Stocks May Rise 30% on Earnings, Vietnam Asset Says
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Vietnam’s stock index, the world’s best performer since the start of the year, may gain a further 30 percent by the end of 2010 as corporate earnings improve, according to Vietnam Asset Management Ltd.
Consumer, banking and construction stocks may outperform the benchmark index this year as the economy recovers, Nguyen Xuan Minh, chief executive officer of the Ho Chi Minh City-based fund manager, said in a Bloomberg Television interview today.