2 Vietnamese Companies That Were Successful Despite the 2008 Oil Price Shock: Implications for 2015

Frontier and emerging markets (Vietnam)

Dylan Waller

Nomadic Equity

Thematic (Sector/Industry)

Vietnam Energy / Thematic (Sector/Industry)

<p>There has been a strong sell off for oil and gas companies in Vietnam this month, due to the fear created from oil dropping below $30/barrel, and Goldman Sachs has even called for oil to be as low as $20/barrel.  Despite the low oil price environment, <a href="https://www.smartkarma.com/entities/15073" target="_blank" data-smartkarma-citation="entities:15073">Petrovietnam Drilling And We</a>  and <a href="https://www.smartkarma.com/entities/8333" target="_blank" data-smartkarma-citation="entities:8333">Petrovietnam Technical Servi</a> have both been coping well, and are available at extremely low valuation.  As previously mentioned in <a href="https://www.smartkarma.com/insights/2-vietnamese-companies-that-were-successful-despite-the-2008-oil-price-shock-implications-for-2015" target="_blank" data-smartkarma-citation="insights:1946">2 Vietnamese Companies That Were Successful Despite the 2008 Oil Price Shock:</a>…</p>

There has been a strong sell off for oil and gas companies in Vietnam this month, due to the fear created from oil dropping below $30/barrel, and Goldman Sachs has even called for oil to be as low as $20/barrel.  Despite the low oil price environment, Petrovietnam Drilling And We  and Petrovietnam Technical Servi have both been coping well, and are available at extremely low valuation.  As previously mentioned in 2 Vietnamese Companies That Were Successful Despite the 2008 Oil Price Shock:…

Record Low Valuation for Oil and Gas Companies in Vietnam