Bullish for the Vietnamese stock markets over the long term.
Today was the last day of April, but also a public holiday in Vietnam. It has been an agitated month for Vietnamese stocks. The main indexes are down with Hanoi down by 7.4% and Ho Chi Minh down by 10.6%. There is no doubt that volatility on the markets is still high but that should not be too much of a concern for long term investors. Even though it is hard, if not impossible, to forecast in what direction stocks are going to evolve over the next future but we are still bullish for the Vietnamese stock markets over the long term.