Weekly Investment Focus

Headlines
▪ Vietnam has a workforce that is young, dynamic, relatively well-educated and 60% cheaper than China
▪ The country takes advantage of the US-China trade war to boost its exports
▪ On the bond market, Vietnamese 10-year yields have just reached an all-time low at 4.05%
▪ The Ho Chi Minh Stock Index has gained 3.2% quarter to date, significantly better than the MSCI EM Index (-2.2%)
20190916-AFG-Weekly-Investment-Focus