Why Vietnam is the next big investment Mecca

The Green Dragon's pastoral lands are covered with palm trees, rice paddies and rubber tree plantations. Vietnam has the highest percentage of land dedicated to permanent crops in the world.

But the Green Dragon is slowly giving way to multi-industrial complexes funded by billion-dollar piggybanks around the world: Holland, Germany, Italy, the U.K. are all throwing money at Vietnam's industrial sector.

Foreign companies are flocking to this Southeast Asian country, and they've got some surprising reasons for doing so...

For example, some of the world's largest electronics companies, like Japan's Olympus group and the Netherlands' Philips, are actually pulling out of China in favor of opening plants in Vietnam.

Of course, one of the main reasons for doing so is cheaper labor and other costs, but Japan's Olympus group also sites cutting risk as a reason for spending $44.35 million on a factor project set to begin in late 2008.

And, less than two weeks ago, Rolls Royce signed a Memorandum of Understanding with Vinashin (Vietnam Shipbuilding Industry Group) to develop Vietnam's fast-growing shipping industry. Not only will the agreement provide both Vietnam and Rolls Royce with business opportunities, the partnership includes much-needed management and technical training for Vinashin's workforce.

This is just one of the many strategic partnerships Vietnam is making with the global investment world.

The Green Dragon is lean and young, and that means it's a prime opportunity for investors. That's why I just left for an epic three-week tour of the region. I've cornered the manager of one of the most successful funds investing in Vietnam, and I'm determined to get all his juicy investment secrets.

I'll be highlighting them in an exclusive investment report for Taipan Trader. You can reserve your copy now by giving our Taipan Trader service a risk-free trial today. I promise you a firsthand look at the economy and the investing climate in Vietnam... but only if you're a Taipan Trader member.

Sara Nunnally
Editor, Taipan Trader



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