Vietnam ETF Could Rise on Bank Ownership Limit Increase
January 07, 2014 at 03:00 AM EST
The Market Vectors Vietnam ETF (NYSEArca: VNM) could trade higher Tuesday on news that the Southeast Asian nation has increased the foreign ownership limit in its banks. “The limit for foreign so-called strategic investors will be increased to 20 percent from 15 percent, while the cap for...