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Update news JPMorgan
It is a rare combination where Vietnamese banks are growing fast and are quite profitable, said an expert at JP Morgan.
Growing attractiveness of Vietnamese banks' shares is thanks to a positive revamp and strong outlook of the sector, particularly as Vietnam is accelerating global economic integration.
Vietnamese banks belong to a handful of examples that combine well two factors of high growth of profit and long-term stability.
Despite a looming Brexit, political uncertainty in Italy and a likely German recession, this is the moment to buy European stocks, according to JPMorgan (JPM).
US authorities are probing whether banking giant JPMorgan Chase manipulated US energy markets, the Wall Street Journal reported.