Viet
VIP Member
The vast majority (88%) global equity and emerging market (EM) investors believe investing in Vietnam will become “more attractive” over the next five years.
Meanwhile, 29% predict the country’s gross domestic product (GDP) will increase from $430bn (£375bn) in 2023 to $760bn (£596bn) by 2030.
This is according to Dragon Capital, Vietnam’s oldest and largest fund manager which was founded in 1994.
The equity and EM investors revealed this positivity is fuelled by Vietnam’s exports, current GDP growth and its ability to forge beneficial economic partnerships.
Additionally, Vietnam’s large well-educated labour force is creating a lot of positivity around investing in the country.
The US and European Union (EU) account for 42% of Vietnam’s exports, which is equivalent to $154bn (£120bn). Over half (54%) of investors believe this will increase to between 45% and 50% in five years’ time.
Vietnam’s GDP growth has averaged 5.8% over the last decade, with 63% of investors forecasting over the next five years Vietnam’s average annual real GDP growth to be between 5% and 6%.
One in seven (14%) think it will be between 6% and 7%, and 3% think it will be 7% or more.
Only 4% of investors believe Vietnam’s GDP will be less than $760bn by 2030.
Vietnam expected to become 'more attractive' as GDP rises
Almost nine in ten (88%) global equity and emerging market (EM) investors believe investing in Vietnam will become more attractive over the next five years with 29% predicting the country’s Gross domestic product (GDP) will increase from $430bn (£375bn) in 2023 to $760bn (£596bn) by 2030.
www.moneymarketing.co.uk
