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Vietnam's Stock Market Enters Stable Phase: WB

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Old 11-24-2007, 02:33 PM
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Default Vietnam's Stock Market Enters Stable Phase: WB

The World Bank in its updated report on the economic development in the Asia-Pacific region has forecast Vietnam’s economy will grow at sustainable level of over 8 per cent this year and 2008 and its stock market has entered a stable period, state media reported recently.
As of September, the local market had 206 listed companies with the market capitalization of US$22 billion, or 32.4 per cent of the country’s GDP, much lower than India (45 per cent) and China 70 per cent. The listed companies recently released remarkably good earnings reports, which dissolved concerns over the collapse...
Read more: vietstocknews.blogspot.com/2007/11/vietnams-stock-market-enters-stable.html
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Vietnam Stock Market News: http://www.vnstocknews.com
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