Vietnam Stock Investing

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One of the last frontier markets to emerge in Asia, we see Vietnam as a ten-year buy.

- Merrill Lynch strategy report, February 2006

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OMX Iceland 15 Index dropped 77% in a single day

http://www.bloomberg.com/apps/quote?ticker=ICEXI15:IND

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=am95H4YHyr50

Will Vietnam( Vietnamese Dong) suffer the same fate one day?

vietnam dong stable

I suspect gold will find its legs around here somewhere. Dong will also gain a little strength going into Lunar New Year. I doubt the dong will get screwed up like Iceland, but it could happen. I just doubt it because Vietnam is a legitimate investment destination rather than just a financial depository like Iceland.