Reforms fuel opportunities in Vietnam and Mexico

Economic reform programmes are generating new sources of value in overlooked emerging markets, such as Mexico and Vietnam. The latter’s financial markets have performed well this year, and the country’s political stability and proximity to China have allowed it to grow into an attractive nearshoring option. Free trade agreements have also encouraged foreign direct investment (FDI). To Lam, the country’s General Secretary, has plans to grow GDP through investment in infrastructure and public goods, with an emphasis on business competitiveness and cost reduction. The MSCI Mexico index has bounced...