Vietnam world's most exciting frontier market, says Bloomberg

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US magazine Bloomberg Markets has ranked Vietnam the world's most exciting frontier market for investors.

A list of the top 25 markets will be published in the magazine's March issue. 

Frontier markets could also be termed "pre-emerging" markets and have capital markets that are less developed compared than that of emerging markets.

Business Insider magazine said the scoring system the Bloomberg magazine used indicates that these frontier markets are more desirable investment destinations than their emerging market counterparts.

Bloomberg Markets used a variety of criteria, from average annual inflation to government debt-to-GDP ratio projections from 2013 to 2017, and a ranking of how easy it is to conduct business in the nation.

Vietnam has a GDP growth projection until 2017 of 33.8 percent, annual inflation rate of 5.3 percent, and debt-to-GDP of 50.4 percent.

Estonia is in second place, followed by Kazakhstan and Bulgaria.

Slovenia and Nigeria are in 24th and 25th places.

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