8% GDP growth for Vietnam, better than 5% for China, investable?Per Reuters, Vietnam is poised to grow at 6.5% to 8% for 2025 target. This is much higher than China of maintaining at 5%. Does a higher GDP growth translate to one parking funds to this country?
Let's take a look at the VNM ETF. We can see since 2010 it has been heading south and has not yet recovered. That is 15 years , a very long long time.
Almost more than 60% downfall from its peak of 32 dollars to current price of 12.44. It is not wise to invest just because the price has dropped signif
