Vietnam Rated Third in World's Top Potential Stock Markets

3:00:11 PM | 1/22/2007

Motley Fool, the prestigious US magazine on finance, stock market and investment, has rated Vietnam as the world’s third most potential securities market, local media reported.

Under the new ranking Motley Fool released on January 16, Vietnam’s stock market ranks third in return rate in the world, following Peru and Venezuela, and just behind China and Russia.

Motley Fool quoted reports from the Birinyi Associates, an asset management and market research company, in which the top ten bull markets are as follow:

No.	Country	Return rate
1	Peru	168 per cent
2	Venezuela	156 per cent
3	Vietnam	145 per cent
4	China	121 per cent
5	Russia	92 per cent
6	Costa Rica	77 per cent
7	Botswana	74 per cent
8	Croatia	61 per cent
9	Serbia & Montenegro	58 per cent
10	Morocco	57 per cent

A month ago (December 13, 2006), Motley Fool also released a ranking on return rate of stock markets, based on Dow Jones’s figures, the result is quite different.

Accordingly, Vietnam and China were not even listed in this ranking. Following is the previous ranking:

No.	Country	Return rate
1	Cyprus	159 per cent
2	Slovenia	74 per cent
3	Indonesia	60 per cent
4	Venezuela	58 per cent
5	Poland	52 per cent
6	Spain	47 per cent
7	Turkey	40 per cent
8	Philippines	40 per cent
9	Norway	39 per cent
10	Sweden	37 per cent

Motley Fool confirmed that the new figures of Birinyi Associates are more updated and reliable. (People Literacy)

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Vietnam Rated Third in World's Top Potential Stock Markets

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