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Monday, December 25, 2006

Vietnam’s stock market will lure millions of USD

Germany’s World newspaper has published an article praising Vietnam’s achievements, commenting that Vietnam’s stock market will attract millions of US dollars after Vietnam has become a member of the World Trade Organization.

According to the article, the double increase of Vietnam’s economic growth in the past nine years and the eight percent growth rate per year in the recent years has made investors consider Vietnam a “promising” market in Asia.

Becoming the member of the WTO and successfully organizing the 14th APEC Economic Leaders’ Meeting, Vietnam’s stock market will spectacularly develop and attract millions of US dollars from global investors.

At the end of last week, the VN-Index in Ho Chi Minh City hit a record high, at 665.5 points, increasing by 116%, in comparison with the beginning of this year.

The article also stressed the developing trade relations between Vietnam and the US and said that Vietnam was of interest to high-tech corporation Intel.

BTA

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