Vietnam's economy, as some people may know, has took a huge knock recently. I am wondering whether anyone on AAM views on the Vietnamese fund VOF? It has fallen in price by about 35-40% in one month alone!
I am tempted to buy at this cheap price, as a long term investment- but am not sure whether it has strong enough credentials. All I know is that Vietnam has big inflation problems ( and I heard something about a dam being faulty?).
Does anyone have much knowledge on Vietnam markets, or bought this fund?
http://uk.finance.yahoo.com/q?s=VOF.L
I am tempted to buy at this cheap price, as a long term investment- but am not sure whether it has strong enough credentials. All I know is that Vietnam has big inflation problems ( and I heard something about a dam being faulty?).
Does anyone have much knowledge on Vietnam markets, or bought this fund?
http://uk.finance.yahoo.com/q?s=VOF.L