Private Investor News - `PEP` Upbeat On Vietnamese Stocks

Released on: September 19, 2008, 2:06 am

Press Release Author: Lisa Hardcastle

Industry: Financial

Press Release Summary: Private Equity Placement: Despite sharp drops, Vietnams
equities are superb value for private investors

Press Release Body: Although Vietnam's benchmark stock index slumped the most in
more than five months on concern that the government will keep interest rates at the
highest in Asia, Private Equity Placement have signaled their optimism that the
country possesses enormous potential for growth.

The Ho Chi Minh City Stock Exchange's VN Index dropped 4.2 percent to 476, the most
since March 25 but sources close to Private Equity Placement reportedly said that
this presented opportunities to acquire stock in world class companies in a country
with one of the worlds highest literacy rates and a cheap workforce.

Interest rates have been kept high to tackle inflationary pressures and these are
receding. Private Equity Placement believes that Asia will emerge from the global
slowdown before western economies.


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Contact Details: 121 Press Online

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