Shortterm Pooh, Longterm HuiThe relatively small economy is one of the "big" Southeast Asian states in terms of economic growth. The gross domestic product of the Asian developing countries was $ 216 billion in 2017 and is expected to grow by 6.5 percent in 2018.
Despite an authoritarian communist regime, the market is considered open, privatization of state-owned enterprises is progressing slowly, and the current debt-equity ratio of 62 percent of gross domestic product is below that of Germany, with foreign debt of around $ 90 billion at 42.6 percent of GDP.
The savings rate of the 56.5 million inhabitants is a high 28% of GDP and the national income is 41% in the services sector, 33% in the industrial sector and only 16% in the agricultural sector.
Foreign direct investment increased the Vietnam index by 48 percent in 2017. Most of the capital comes from Asian companies such as China, Japan and Korea. The advantages of the young, well educated and, of course, cheap workforce have been recognized by the Asian neighbors.
Many factories use the Asian workbench, and sales and earnings soar and stock prices soar to April 2018. Now, the sharp rise since the high point of 1,211 points has been corrected and is likely to bottom out somewhere between 661 and 778 points (61,8 - 78,6% Fibo).
There the entry into the market should be looked for and the StoppLoss is from today's point of view is at 644 points.
Note:
It is important to consider the US dollar before getting started. If the US dollar rises, the external debt will increase at the same time and could, in the event of a significant increase, lead to a great fiscal deficit.
