FTSE Russell adds Vietnam to Global Equity Index Series
The State Securities Commission and FTSE Russell have held a conference in Hanoi to mark Vietnam s official inclusion in the FTSE Russell Global Equity Index Series ahead of its transition to Secondary Emerging Market status
Vietnam's Minister of Finance, Ngo Van Tuan, formally recognized the country's stock market as a Secondary Emerging Market in an event marking its inclusion in the FTSE Russell Global Equity Index Series (GEIS). The ceremony, chaired by Tuan, took place on September 18 and was attended by various government officials, financial industry representatives, and international stakeholders.
Tuan emphasized that the milestone highlighted Vietnam's commitment to enhancing its capital market's governance, transparency, and efficiency. The Ministry of Finance and the State Securities Commission (SSC) have been working towards this achievement over the past 30 years, focusing on improvements in market infrastructure, investor access, and regulatory frameworks.
With this upgrade, Vietnam aims to attract greater international investment and strengthen its position as a dynamic and promising investment destination. The conference also discussed the challenges and opportunities that lie ahead for Vietnam's capital market, including fostering further market liquidity, modernizing infrastructure, and continuing to adopt international best practices.
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