This is a guest post by Mark Gwyther of MGT Management. This is Part I : Why Is Vietnam’s Tourism Growth Inevitable: Look to Mexico. You can download the pdf report here.
Part II : Vietnam’s Coastal Resort Locations: Competitive Advantages and Disadvantage can be found here. The last to be released will be Part III : Why Invest Now: Arbitrage Opportunities in the Cost of Capital.
According to a 2012 report by McKinsey & Company, the number of Chinese households with disposable income will grow from 18 million (2010) to 169 million in 2020. This growth in the middle class has companies from Google to Wal-Mart scrambling to reach the new Chinese consumers. Competition and regulations from within China will increase risk and cost for investors who want to enter this market. We identified an unconventional opportunity for investors to target the new Chinese consumer without having to enter China.