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home / news releases / VNM - VNM: An Economically-Resilient Growth Country At A Reasonable Price


VNM - VNM: An Economically-Resilient Growth Country At A Reasonable Price

(Source - Pexels/Phan Dang Viet Tung)

Vietnam has come a long way over the past two decades. It has maintained a GDP growth rate above 6% for most years since the Asian financial crisis and has seen the purchasing power of its citizens rise from $2000 to over $6000 today and is accelerating even higher.

As China's new middle class is demanding higher wages, more and more factories are being moved to Vietnam. Even more, if the U.S. tries to move its companies out of China many will be headed for Vietnam. Needless to

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Stock Information

Company Name: VanEck Vietnam ETF
Stock Symbol: VNM
Market: NYSE

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