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Monday, June 23, 2014
Vietnam still a good place to invest
Speaking at a Vietnam Investment Forum (VIF) late last week in HCM City, Faber said that the Vietnamese market had been growing well since 2010 with a stable growth rate of over 15 percent, despite many difficulties. Faber began making investments in Vietnam in the 1990s and they have all been profitable projects.“Vietnam has an attractive investment environment. Vietnam’s economy has been affected by the tensions with China in the East Sea. But I believe Vietnamese and Chinese diplomats will find a way to ease the tensions. I will continue investing in Vietnam,” he said. - via 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.