Vietnam is home to many conglomerates

Like in many Asian countries, Vietnam is home to many conglomerates. - conglomerate definition - This has some tangible consequences for investors. You cannot analyze a conglomerate and a company evolving in one specific industry the same way. Conglomerates make analysts and investors life harder but it is sometimes possible to do great deals with such type of companies knowing that they often trade at a discount. The more widely diversified manufacturers can be expected to have higher % products costs as well as lower % research and development expenses than industry peers that focus exclusively on one product line. https://lnkd.in/dxw9Vcw