The Vietnam Opportunity Fund provides an interesting glimpse into the rising interest in Emerging Market equities. The massive uptick in volume over the past few months, has accompanied both a strong rise in the underlying equities, and also in the currency , the dong ..... the Vietnamese Stock Index(VNINDEX) is up 227% over the past 12 months , and is up 40% so far in 2007 .
Other Emerging Markets are on a tear as well ----- an index of 22 so-called frontier countries rose 12% in January, the fastest-ever start to a year. Five of them, including Vietnam, Ukraine and Croatia, are among this year’s top 10 markets
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