Credit Suisse highly rates Vietnam’s stock market
A 79 percent increase in the index of
the Ho Chi Minh Stock Exchange since the beginning of the year has made
Vietnam’s stock market one of the bourses posting the highest growth in
the world in 2009.
A 79 percent increase in the index of
the Ho Chi Minh Stock Exchange since the beginning of the year has made
Vietnam’s stock market one of the bourses posting the highest growth in
the world in 2009.
Peter Schmid, Executive Chief of Relations of the Credit Suisse made the remark in an interview given to Vietnam News Agency correspondent.
Though banking credit has rebounded since April, the official suggested the State Bank of Vietnam tighten credit in order to prevent inflation and ward off the development of a “bubble” in the financial market.
Regarding Credit-Suisse’s investment strategy in Vietnam , he said his bank will continue to recommend that international donors put money into large-scale projects and local enterprises in Vietnam , as well as support the country in the establishment of a capital market.
Credit Suisse, one of the two largest banks in Switzerland , started studying Vietnam ’s economy in 1999 and the country’s stock market in 2006./.
Peter Schmid, Executive Chief of Relations of the Credit Suisse made the remark in an interview given to Vietnam News Agency correspondent.
Though banking credit has rebounded since April, the official suggested the State Bank of Vietnam tighten credit in order to prevent inflation and ward off the development of a “bubble” in the financial market.
Regarding Credit-Suisse’s investment strategy in Vietnam , he said his bank will continue to recommend that international donors put money into large-scale projects and local enterprises in Vietnam , as well as support the country in the establishment of a capital market.
Credit Suisse, one of the two largest banks in Switzerland , started studying Vietnam ’s economy in 1999 and the country’s stock market in 2006./.
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