Vietnam investment strategy - May 2019

In the short term, we believe the market is facing more threats than opportunities. First, negative news from US – China negotiations may put pressure on global stock indices (especially S&P500, DJ, and Nasdaq) given those indices rallied strongly in the first four months of 2019. Second, Vietnam macro indicators have been weakening in recent months. These factors may directly and indirectly affect the Vietnamese equity market.

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