Global uncertainty is keeping investors on edge as gold, stocks and cryptocurrencies swing widely. While Vietnam’s VN-Index rose 13.6% year-to-date through March 29, 2024, episodes of heavy trading and sudden pullbacks, together with renewed upward pressure on deposit rates, underscore the risk of overheating and policy shifts. Market veterans quoted at the Vietnam Economic Outlook 2024 forum urge disciplined allocation, close attention to interest-rate and currency moves, and selective investing in companies and sectors investors truly understand.
This article is a condensed and translated summary (original in Vietnamese, VN) of a feature published in the April 2024 issue of Bloomberg Businessweek Vietnam.