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Monday, May 20, 2013
Marc Faber : In Vietnam I think you will make some Money in Shares
Marc Faber : “In Vietnam we also have some involvement in real estate – in hotels and
land developments in the Danang area. Danang is midway between the
north Hanoi and the south Saigon on the coast, and during the war used
to be the largest American airport outside the US. That whole coast is
called China beach. . . the development is really mind boggling,” “I
don’t think the market will run away right away but if you take a
long-term horizon, five to 10 years, I think you will make some money in
Vietnamese shares.’’ - in The Australian Financial Review.