Monday, May 20, 2013
Marc Faber : In Vietnam I think you will make some Money in Shares
Marc Faber : “In Vietnam we also have some involvement in real estate – in hotels and land developments in the Danang area. Danang is midway between the north Hanoi and the south Saigon on the coast, and during the war used to be the largest American airport outside the US. That whole coast is called China beach. . . the development is really mind boggling,” “I don’t think the market will run away right away but if you take a long-term horizon, five to 10 years, I think you will make some money in Vietnamese shares.’’ - in The Australian Financial Review.