Over the past 10 years, Vietnam's economy has seen an average GDP growth (GDP) of 6 - 7%, and during the year 2020, the spread of the Covid-19 virus has affected the world. As a result, the global economy fell about 3.5%, while Vietnam's GDP continued to expand by 2.91% and continued to expand in 2021 at 2.58%, mainly driven by continued domestic consumption. Including being a production base for important businesses of the world.

As a result, the Vietnamese stock market has a lively investment climate. In 2021, Vietnam's stock market will be one of the hottest markets in the world, with the VN-INDEX stock index up 36%, while its stock P/E ratio is around 13. times are considered to be at a relatively low level. Moreover, as of early 2022, the Vietnamese government approved more than $15 billion worth of stimulus measures, or about 4.3% of GDP, which is considerably large compared to its peers.

As for the attractiveness of Vietnam that will continue to attract investors in 2022 is its economic growth. The International Monetary Fund (IMF) estimates growth of 6.60%, a very high level compared to other countries in the region.

The next issue is that foreign direct investment continues to flow into Vietnam. because the population quality is still considered high Of the population of approximately 100 million people, 30% are young (aged 20 - 39), while wages are relatively low.ำ

Furthermore, the government has a policy to continuously promote investment. And exports, which are considered the hero of Vietnam, have recovered strongly due to the improvement in domestic manufacturing sector and the same increasing demand from trading partners.

In addition, the recovery of household consumption and accommodative monetary policy Strong macroeconomic stability and promoting the digital transformation of governments and businesses. Played an important role in the recovery of the Vietnamese economy.

In addition to these positive factors that make investors interested in investing in the Vietnamese stock market. The value of Vietnamese stocks continues to attract. From not too expensive and an upgrade to the MSCI Emerging Markets Index, which is expected around 2022-2023, Vietnam may weigh in the index around 5 - 8%.

Bloomberg estimates Vietnam stocks are still trading at affordable levels. This is reflected in the 12-month share price-to-earnings ratio (Forward P/E) of approximately 13.6 times, which is close to the long-term average. It expects earnings per share of Vietnamese listed companies (EPS Growth) to grow up to 26% in 2022

As for the risks of the Vietnamese stock market, one should be aware of the fact that most of the listed shares will be jointly held by the government. Therefore, it may be a double-edged sword because if the government remains the same, it will receive policy support. On the contrary, if a new government Policy changes may occur and may result in changes in companies held by the government. In addition, most of the individual stock information on the Vietnamese stock market is in Vietnamese. This may make the study of information requiring language proficiency.

This is because listed companies will grow with the overall economic growth. And found that most Thai investors invest through mutual funds that have a policy to invest in Vietnamese stocks, so should focus on long-term investments to create opportunities for good long-term returns.

In recent times, the Vietnamese stock market has improved, such as the number of investors. Average daily trading volume Number of listed companies as well as being a country with potential in the labor market economic growth and has a tendency to grow continuously Therefore, it is another option to diversify investment. If investors want to diversify their investments abroad