VinaCapital optimistic about economy and stock prices
VinaCapital has made an optimistic forecast about Vietnam’s economic prospects and expects stock prices to increase in the years to come. It said the economies of Vietnam in the 2020s and Japan in the 1970s are remarkably similar, as both countries embarked on increasing global value chains decades later. VinaCapital also believes that FDI in support of the manufacturing sector is a driving force in Vietnam’s economy.