Vietnam's stock market is attracting more and more investor attention. Seeing the faster economic growth, the upgrade to an emerging market, and the dramatic correction earlier this year, it’s starting to seem like a good opportunity here.

Vietnam is no longer a poor country. It has become the "New Asian Dragon" with GDP growth rates more than three times Thailand’s. Last year, GDP expanded by 7%, and the market is expected to grow 6-7% annually. These are the reasons why Vietnamese stocks are interesting.

If you want to choose Vietnamese stocks, you should look at these 8:

First is VCB, Vietnam’s largest bank, comparable to Kasikornbank or SCB in Thailand. As the economy grows, credit demand increases, and VCB benefits directly.

VHM is Vietnam’s real estate leader, a subsidiary of the giant Vingroup. As the middle class expands and cities grow, housing demand surges.

GAS is an energy company, similar to PTT in Thailand. As Vietnam develops its industry, energy demand rises.

VNM produces milk, a true dairy market player. Vietnamese people are drinking more milk, and there’s plenty of room for growth.

FPT is a technology company. Digital transformation is trending—AI, Cloud, Big Data—all of which FPT is investing in.

MSN covers food and retail, a comprehensive brand with well-known products. It also has the VinMart network with over 3,000 stores.

VRE is a shopping mall operator, comparable to Central Pattana. The shopping center market grows alongside urban expansion.

ACV manages airports. Tourism has recovered, and the new major Long Thanh airport project is under construction.

Why are Vietnamese stocks hot? Because the strong economic growth and the upgrade to an emerging market will attract huge investments from MSCI Emerging Markets funds. The recent correction is seen by experts as a "buying opportunity." Markets often overreact to bad news and then bounce back.

For Thais wanting to invest in Vietnamese stocks, there are several ways. Open an account with Thai brokers like Kasikornbank, SCB, or BBL, and you can invest directly. For lower fees, try opening an account with Vietnamese brokers such as SSI, VNDirect, or HSC, but you’ll need more documents. Or, easier still, invest through Vietnam-focused mutual funds managed by professionals, without selecting individual stocks yourself.

In summary, the Vietnamese stock market is in a good phase for long-term investment. The economy is strong, companies have potential, and accessing the market isn’t as complicated as you might think. The 8 recommended Vietnamese stocks are supported by the country’s growth and the companies’ market positions. If you’re looking for new investment opportunities, this market should be on your list.