Private Money Is Flooding This Frontier Market
Published by The Wall Street Journal by Jake Maxwell Watts and P.R. Venkat on April 23th 2018
Private-equity firms and sovereign wealth funds flock to Vietnam, following years of economic reform Global private-equity firms and sovereign wealth funds are pouring record sums of money into Vietnam, fueled by a loosening of ownership restrictions in the communist nation’s largest companies and accelerating economic growth. At least $3 billion worth of stock sales by…