The milestone followed years of effort and reflected the significant transformation of one of Southeast Asia''s fastest-growing economies, supported by the development of Việt Nam''s capital market.
On September 21, Việt Nam’s stock market is set to officially attain the "Secondary Emerging Market" status under FTSE Russell’s classification criteria.
Global index provider FTSE Russell has confirmed that Việt Nam will be upgraded from a frontier market to a secondary emerging market from September 21, according to its latest mid-cycle review released on Wednesday.
In an interview with Vietnam News Agency, Mariam J. Sherman, World Bank Division Director for Việt Nam, Cambodia, and Lao PDR discuss the impacts of the FTSE Russell upgrade and outlines the path ahead.
The upgrade is expected to take effect on September 21, 2026, subject to an interim assessment in March 2026 to confirm Việt Nam’s progress in improving market access through global brokers.
Global index provider FTSE Russell has published its October 2024 report, and Việt Nam remains on the watchlist for a potential upgrade to Secondary Emerging Market status.
Two of the biggest foreign exchange-traded funds (ETFs) in Viet Nam, FTSE Vietnam Swap UCITS ETF (FTSE ETF) and VanEck Vectors Vietnam ETF (VNM ETF), will release their portfolios for the second quarter of this year.
FTSE Vietnam Swap UCITS ETF (FTSE ETF) and VanEck Vectors Vietnam ETF (VNM ETF), two biggest foreign exchange-traded funds (ETFs) in Viet Nam, will release their portfolios for the third quarter early next month.
Viet Nam remains as a secondary emerging market following the latest market re-classification by the British analytics and data solution provider FTSE Russell.