Unlocking Vietnam - Part 2

Last year, the Vietnamese freight market experienced a rollercoaster ride, fluctuating between heaven and hell. Now, after significant adjustments, its potential as an emerging market is high. Vietnam demonstrates remarkable potential in the IT sector, with high internet accessibility even in street cafes. It has emerged as the second most important country in the IT outsourcing sector after India. Recently, Apple product manufacturing companies have entered Vietnam, contributing to job creation. However, the stock market is not solely driven by external factors or fundamental indicators; unpredictable crisis factors also exist. Therefore, when investing in Vietnam, consider the timing of stock market adjustments and consider investing in funds or ETFs rather than individual stocks.

The Vietnamese freight market last year experienced extreme volatility. The description of fluctuating between heaven and hell accurately reflects the rapid ups and downs. Now, after significant market adjustments, its potential as an emerging market is high.

In 2011, free Wi-Fi was available in street cafes and restaurants in Vietnam. This demonstrates the Vietnamese government's efforts to improve internet accessibility. These efforts contributed to Vietnam's competitiveness in the IT outsourcing sector. Having grown to be the second-largest IT outsourcing country after India, Vietnam showcases remarkable potential in the IT sector.

Recently, Apple product manufacturing companies have entered Vietnam, contributing to job creation. MacBook production under the "Made in Vietnam" label is scheduled to begin this year, and iPhone production is expected to start next year. This is a significant indicator of Vietnam's manufacturing growth potential.