Topic: Dragon Capital

Amid a plunging local stock market and a growing risk of global crisis, a number of foreign funds such as Dragon Capital, VinaCapital, and Dynam Capital have expressed a belief that Vietnam’s economy is superior to others around the world. The Economist magazine has listed countries most at risk from imported inflation and supply chain disruptions, and Vietnam is not among them.

In an updated report, Dragon Capital said that in an environment of rising interest rates, expected returns in the stock market are unlikely to be outstanding. In the short term, the market will see many fluctuations depending on developments around the world. However, the influence of external factors on Vietnam is much lower than in emerging countries and is not systematic.

Dragon Capital believes that Vietnam’s monetary policy is tending towards caution and becoming narrower. It has also assessed that an official increase in operating interest rates by the State Bank of Vietnam (SBV) may not be seen this year.