Red Shares

Vorasarun, Chaniga
July 2007
Forbes Asia;7/23/2007, Vol. 3 Issue 13, p122
The article offers information on the securities industry in Vietnam. In 2000 the Ho Chi Minh City stock exchange opened for business with just 2 listed securities, the exchange now trades 107 stocks. Though it has cooled a bit, Vietnam's market is triple where it was at the beginning of 2006. At the start of June 2007 the 32 biggest companies on the Ho Chi Minh City and Hanoi stock exchanges were trading at an average of 38 times earnings.


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