[Vnbiz] Stock price continues to rise

[Tran Dinh Hoanh]

Great, thankyou for the news, anh Hao.  I would love to have your paper.
Thanks a million, brother.

Hoanh

2008/6/27 Quach Manh Hao <quachhao at gmail.com>:

> [ Vietnam Business Forum ]
>
>
> Dear anh Hoanh,
>
> Thanks again for the message. You seem to be right when talking about the
> relationship between economy and stock prices. My previous research also
> indicated that there is no evidence for a positve relationship between stock
> prices and economic growth in Vietnam. But there is a negative with expected
> interest rate. My best guess is inflation is entering the peak area (but
> does not mean it will decrease in absolute term) as the marginal (mom)
> inflation has shown its decreasing movement. Although I do think a further
> increase in basic rate to 16-18% should be done, but this actually has been
> perceived by almost all investors. With this in mind, I do think that the
> market is entering its accumulation period. At the least, further fall will
> be hard to be real.
>
> PS: I have finished a paper on Vietnam (in Vietnamese), released by Thang
> Long Securities, if anyone is interested, please let me know.
> Cheers,
> Hao Quach
>
> --
> Tran Dinh Hoanh, Esq., LLB, JD
> Washington DC
>
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