Time to Go Long Vietnam With VNM?
Vietnam briefly slipped into the headlines this week with yet another interest rate increase, bringing its refinancing rate to 15.00% (up 100bps). The move follows a series of 100 basis point increases in interest rates and is driven by a surge in prices, with annual inflation reaching 17.5% in April. These events rightfully bring into focus the merits of investing in this emerging (or frontier?) market, at least in the short term, but also in view of the longer term prospects...http://seekingalpha.com/article/270596-time-to-go-long-vietnam-with-vnm