Vietnamese economy and the country-related exchange traded fund (ETF) may experience some decent growth for the year though Fitch Ratings downgraded Vietnam's sovereign rating to B+, said the website http://www.etftrends.com .
Vietnamese economy and the country-related exchange traded fund (ETF) may experience some decent growth for the year though Fitch Ratings downgraded Vietnam's sovereign rating to B+, said the website http://www.etftrends.com .
ETF Vietnam, named Van Eck Market Vectors Vietnam (VMN), tracks a custom index of equities from firms that generate more than 50 percent of their revenues in Vietnam. Van Eck launched the ETF Vietnam on the New York exchange market a year ago.
According to the website, as the Vietnamese dong depreciated, VMN has been trading few points down.
The web quoted Joshua Ritchie as writing for MintLife that the biggest driver in Vietnam’s economy is export growth. The country benefits from having a young and ambitious population to add to the future growth of the country./.
Vietnamese economy and the country-related exchange traded fund (ETF) may experience some decent growth for the year though Fitch Ratings downgraded Vietnam's sovereign rating to B+, said the website http://www.etftrends.com .
ETF Vietnam, named Van Eck Market Vectors Vietnam (VMN), tracks a custom index of equities from firms that generate more than 50 percent of their revenues in Vietnam. Van Eck launched the ETF Vietnam on the New York exchange market a year ago.
According to the website, as the Vietnamese dong depreciated, VMN has been trading few points down.
The web quoted Joshua Ritchie as writing for MintLife that the biggest driver in Vietnam’s economy is export growth. The country benefits from having a young and ambitious population to add to the future growth of the country./.
