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Thursday, June 26, 2014
Marc Faber Tips Vietnam Investments
As the keynote speaker at the Vietnam Investment Forum 2014, co-organised by Vietnam Investment Review, HVS Vietnam Securities Co. and Hong Kong-based Asia Frontier Capital (AFC), the investment guru focused on global macro-economic trends and geopolitical as well as financial trends. He also analysed the Vietnamese stock market.
“Vietnamese work hard and they have ambitions. Investors like countries with highly ambitious people,” said Faber, chairman of both Indochina Capital and the Dragon Capital-managed Vietnam Growth Fund. The investment guru has been involved in Vietnam since the early 1990s when Indochina Capital built their first project at the Furama Resort in Danang. After selling this resort, the firm then built the nearby luxury Nam Hai retreat. Indochina Capital are also investors in the Hyatt Hotel in Danang. - via www.vietnamnet.vn
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.Dr. Doom also trades currencies and commodity futures like Gold and Oil.