Crossing the Street : How to make a success of investing in Vietnam / Andy Ho.

Format:

Book

Author/Creator:

Ho, Andy, author.

Language:

English

Subjects (All):

Investments, Foreign--Vietnam.

Investments, Foreign.

Physical Description:

1 online resource (106 pages)

Place of Publication:

La Vergne : Harriman House, 2021.

Summary:

Vietnam is the last significant opportunity for investors in Southeast Asia. But, as with any frontier market, that doesn't mean it's simple. Investing in this fast-growing and exciting country can be rather like the infamous experience of attempting to cross its busy streets. To get to the other side in one piece takes nerves and experience. Crossing the Street by Andy Ho is the answer. This is a candid, actionable guide to investing in Vietnam, written by an investor with almost two decades of experience in navigating the challenges involved - and seeing people safely across to the rewards.Today, Vietnam ranks among the fastest growing countries in the world. Much like China two decades before it, the country is experiencing rapid development. It has an increasingly affluent population of nearly 100 million. It is quickly transforming into a key manufacturing hub in Asia. And it is one of the few countries in the world whose economy has continued to grow despite the global pandemic.Investors from around the globe have taken note of the opportunities that abound in Vietnam's 'market-oriented socialist' economy. Thanks to Crossing the Street they can take advantage of them - without getting run over.

Contents:

Intro

Contents

Praise for Crossing the Street

Preface

Introduction

Chapter 1: Why Invest in Vietnam

Currency, inflation and interest rates

Demographics, urbanisation and middle-class expansion

Social stability

The foreign investment story

Risks

Vietnam and Covid-19

Chapter 2: How to Invest in Vietnam

A brief history of Vietnam's stock markets

How do we make money for our investors?

Chapter 3: The Fundamentals

Rule 1: Ensure that management's interests and key shareholders' interests align with your own

Rule 2: A carrot without a stick is useless

Rule 3: Trust in the management

their experience is key

Chapter 4: The 'Nevers'

Rule 4: Never invest in a subsidiary

Rule 5: Never build a greenfield hotel…

Rule 6: …or build a hospital

Rule 7: Avoid export businesses and body shops

Rule 8: Never buy anything from another 'healthy' fund or financial investor

Rule 9: Never invest in a company belonging to your friend… or your enemy

Rule 10: No money out!

A side note about female CEOs in Vietnam

Chapter 5: Trust But Verify: The Importance of Due Diligence and Documentation

Rule 11: Do not believe in the memories of entrepreneurs

Rule 12: Get official documents for all transactions

Rule 13: Perform health and background checks on key executives

Rule 14: Husbands and wives do get divorced - consider it carefully when investing in a family business

Rule 15: When in doubt, put it in the assumption section of the letter of intent or term sheet

Rule 16: Any promise can be broken if it is not written down in a signed document

Chapter 6: Getting Out: Exit Considerations

Rule 17: Always have an exit clause, even if you have to pay a penalty

Rule 18: Control your money to leverage your position.

Rule 19: Think three times when exercising a convertible loan

Rule 20: Don't take control

use the drag-along right

Conclusion

Acknowledgements

Publishing details.

Notes:

Description based on print version record.

ISBN:

9780857199461

0857199463