Vietnam congratulated as an emerging market
Vietnam s elevation to FTSE Russell s Secondary Emerging Market marks a hard earned recognition of the country s economic progress and the growing maturity of its capital market
On September 21, FTSE Russell upgraded Vietnam to Secondary Emerging Market status, acknowledging the Southeast Asian nation's progress in developing its capital market. This achievement culminates nearly a decade of efforts to improve institutional and trading infrastructure, reflecting strong cooperation between FTSE Russell and Vietnamese regulators. The upgrade signifies a new era for Vietnam's market, expected to bolster capital flows and attract both active and passive investment.
The government's market-upgrading roadmap aims for Vietnam to meet MSCI's criteria for emerging market status and FTSE Russell's criteria for Advanced Emerging Market status by 2030. With continued efforts from regulators and growing investor maturity, the country's stock market is poised for further advancement.
This milestone, celebrated by NYSE, Nasdaq, and other global financial institutions, underscores Vietnam's transformation from an agrarian economy to a manufacturing powerhouse and a technology hub within a single generation. The upgrade not only marks the end of a long journey but also the beginning of deeper liquidity, enhanced access to global capital, and stronger connections between Vietnamese enterprises and international markets.
Vietnam's ascent to this new market status is a testament to the tenacity and talent of its people, the visionary leadership of its government, and the trust earned from the global community. As the New York Stock Exchange, Nasdaq, and Morgan Stanley commend Vietnam, they look forward to supporting the country's continued growth and development in the years ahead.
Written by urgent.news from Vietnam Investment Review's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
