This hasn't broken the trend line or breached the 20 sma. If it bounces off of the (take your pick) it would be a good indication that this will continue to go up as long as Vietnam continues to move into Chinese retail space. Use the trade war to your advantage :)
Among emerging countries, Vietnam stands out as the one with the most growth potential -albeit a communist regime.
If the index goes down further, along with the emerging market rout, this will be an interesting opportunity to get in.
There is plenty of upside potential on the long-run. Unfortunately, just a 1.05% yield.
VNM appears to have bottomed and begun an ascent higher. It can be a bit volatile, but not a bad play for a month or two holding period. A few levels of resistance to pass through, however in the past for this market, it didn't take much time to get through them (200DMA, overhead trend resistance, and 50% retracement level).