Asia market round up: China’s hot… Vietnam’s hotter
PHAM MINH HUONG is caught up in something exciting and at the same time rather worrying. “Right now I am standing in the middle of the market, and I can feel the heat,” she says. “It has become fashionable to talk about it at every dinner party and it has become so popular even students are participating.”
It’s hard to tell at first whether the chairwoman of Ho Chi Minh City-based brokerage and investment bank VNDirect Securities is talking about Vietnam’s red-hot stock markets or the Lunar New Year carnival that’s clattering away behind her but she quickly clarifies her remarks.
“People have forgotten that stocks are so high – for them it’s reasonable,” she laments.
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