Japan’s Yomiuri newspaper quoted a Japanese traveller as saying that he has opened an account at the Bank for Investment and Development of Vietnam (BIDV) Securities Company in order to join Vietnam’s stock market. He said he decided to buy shares in Vietnam due to the country’s promising economic growth.

Japanese investors account for 90 percent of 1,200 foreign investors opening accounts at BIDV.

Nobuhiro Tomatsu, Chairman of Japan’s Osaka-based Global Link Advisers Co., a prestigious consultant in securities, has turned his eyes from China to Vietnam. He said that Vietnam’s shares have risen thanks to the country’s annual high economic growth rate, skilled labour workforce and increasing foreign investment inflows.