Krungthai Asset Management (KTAM) recommends investing in the Vietnamese stock market, citing its high growth prospects supported by China's reopening and laggard prices.
Chavinda Hanratanakool, chief executive of KTAM, said amid intense volatility caused by inflation and monetary policy uncertainty, investors should look for opportunities in markets with low volatility, high growth prospects and relatively laggard prices compared with other markets in the region.
She said the Vietnamese stock market has all the attributes as that nation's economy has perhaps the highest potential for growth in Southeast Asia.