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Frontier funds take a shine to Vietnam's 6.7% growth target

Foreign equity fund managers see upside of stocks as FDI and nation's free-trade agreements boost growth

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Customers pay for items in a general store at the Dong Xuan market in Hanoi, Vietnam. Analysts say consumer spending and structural reforms will underpin Vietnam's economic turnaround.

Hanoi

FRONTIER-MARKET equity funds from Sweden to Hong Kong are ready to buy more Vietnamese stocks, attracted by cheap valuations and the fastest economic growth in almost a decade.

Coeli Asset Management and Asia Frontier Capital say they plan to add to their equity holdings this...

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