Illustrative image (Source: VNA) Hanoi (VNA) – Emerging markets (EM) likeVietnam can provide potential growth opportunities for investors who do theirdue diligence, according to an article published by ETF Trends, a leading sourcein Exchange Traded Funds (ETF) news of the US.
The article said investing in EMs can come with its ownnuances, particularly because each country’s performance can vary with respectto their economic stability.
The COVID-19 pandemic certainly roiled a lot of EMopportunities in 2020, but certain countries that were able to respond swiftlymuted its economic effects.
Vietnam, for example, was able to rebound from thepandemic due to a quick, pointed response by its government, the article noted.
Fitch Ratings forecasts growth ahead for Vietnam in2022. Economic effects related to the pandemic don’t appear to be as severe,thanks to the government’s move to increase vaccinations in the country.
“We expect growth to accelerate to 7.9 percent in 2022and 6.5 percent in 2023 as the recovery becomes established,” the article citedFitch Ratings as saying.
“Vietnam has also had less economic scarring than manyemerging markets, as it is one of the few countries that did not experience anannual contraction in GDP amid the pandemic shock.”/.
The article said investing in EMs can come with its ownnuances, particularly because each country’s performance can vary with respectto their economic stability.
The COVID-19 pandemic certainly roiled a lot of EMopportunities in 2020, but certain countries that were able to respond swiftlymuted its economic effects.
Vietnam, for example, was able to rebound from thepandemic due to a quick, pointed response by its government, the article noted.
Fitch Ratings forecasts growth ahead for Vietnam in2022. Economic effects related to the pandemic don’t appear to be as severe,thanks to the government’s move to increase vaccinations in the country.
“We expect growth to accelerate to 7.9 percent in 2022and 6.5 percent in 2023 as the recovery becomes established,” the article citedFitch Ratings as saying.
“Vietnam has also had less economic scarring than manyemerging markets, as it is one of the few countries that did not experience anannual contraction in GDP amid the pandemic shock.”/.
VNA
