According to a report from the Wall Street Journal, in 2014, Vietnam’s stock markets (it has one each in Hanoi and HCMC), along with some SE Asian neighbors, have been outperforming every other Asian market, “outpaced globally only by a few European markets.”

After poor performance in the midst of the global financial crisis, investors see bargains abound in SE Asia. Dennis Lim, a portfolio manager with Franklin Templeton's emerging-markets group, which manages more than $40 billion told the Wall Street Journal:

"Southeast Asian markets have outperformed year to date simply because the sell-down last year was overdone. It was the worst-performing region in Asia Pacific last year.”

With new rules on foreign ownership expected in the near future, Vietnam has been SE Asia’s strongest performer with 13% growth, year to date.

It will be interesting to see how long the good times will roll.

[WSJ]