The KG Zeroin, a fund rating and consulting company, noted that 78.3 billion KRW (71 million USD) was pumped into Vietnam’s stock market in September by investors from the Republic of Korea (RoK). This figure was higher than the level of 50 billion KRW (45.4 million USD) in August.
The increase is significant because RoK investors’ investment in 27 other stock exchanges either increased slightly or decreased, the company noted. Vietnam’s stock market enjoys a relatively high growth rate.
According to many analysists, the reason behind the RoK investors’ increased investment is the Vietnamese government’s market-opening policy and a relatively high annual growth rate (about 6.8 percent).
Expert Oh On-soo from the Huyndai Securities said Vietnam has many advantages, including cheap labour costs and young population structure, noting that it is among countries with great potential of growth.
