Stock market upgrade to help Vietnam lure another 10 bln USD in investment
The elevation of the stock market to "emerging" status can help Vietnam attract an additional 10 billion USD in both direct and indirect investment, KB Vietnam Securities JSC (KBSV) reported, citing the World Bank (WB).
Stock market upgrade will help Vietnam lure another 10 billion USD in investment. - Illustrative image (Photo: VNA)
Hanoi (VNA) – The elevation of the stock market to "emerging" status can help Vietnamattract an additional 10 billion USD in both direct and indirect investment, KBVietnam Securities JSC (KBSV) reported, citing the World Bank (WB).
KBSV experts said if Vietnam is classified by FTSE Russell as a secondaryemerging market, it may gain 0.7-1% in the FTSE Emerging Index, thus helpingthe Vietnamese stock market lure between 800 million USD and 1 billion USD in newinvestments from exchange-traded funds (ETFs).
Nearly10 years after starting the stock market upgrade process, Vietnam is currently inthe final stages of completing the remaining criteria to be upgraded to anemerging market. This will bring benefits in many aspects to the market,especially in terms of credibility and the ability to attractforeign capital inflows.
Currently,there are three rating organisations in the world evaluating and classifyingthe market, FTSE Russell, MSCI, and S&P Dow Jones. Vietnam is now inthe frontier market group and accounts for a large proportion of the indexes oforganisations, 37%, 29%, and 12.3% respectively for the FTSE Frontier Index Series,MSCI Frontier Markets Index, and S&P Frontier BMI. In addition, the country has been included inthe watch list for upgrading to emerging market status by FTSE Russell since2018 and is monitored and evaluated annually by MSCI and S&P Dow Jones.
Vu Chi Dung, head of the International Cooperation Department under the StateSecurities Commission, said that upgrading the stock market will be asignificant signal to the international community, demonstrating that Vietnamis on track to develop into a market economy in its true nature.
As a result, theperspective of international investors on the investment and businessenvironment in Vietnam will become more positive, Dung added.
This will also helpincrease the number of institutional and major investors, thereby promoting professionalismand sustainability in investment activities and, in turn, reducing marketvolatility caused by the psychological impact of a large number of individual investors,he noted.
According to KBSV, Vietnamis closer to an opportunity of being officially considered for an upgrade byFTSE Russell.
The firm expects that the earliest roadmap for Vietnam'sstock market upgrade announcement could be in September this year and anofficial upgrade by FTSE Russell in the assessment period one year♒ later./.
Vietnam stocks are among the best performers in Southeast Asia to start 2024, and the VanEck Vietnam ETF (VNM) is participating in the rally, reported the US’s etftrends.com on March 19.
Vietnam's ambition to elevate its stock market from "frontier" to "emerging" status by 2025 faces two key hurdles, including pre-trade margin requirements for foreign investors and foreign ownership ratios in certain sectors, said Deputy Director of the Securities Market Development Department under the State Securities Commission (SSC) Pham Thi Thuy Linh.
The Supreme People's Procuracy has recently issued an indictment prosecuting 51 defendants in the case of stock market manipulation related to the FLC Group Joint Stock Company.
Chairwoman of the State Securities Commission (SSC) Vu Thi Chan Phuong has held a working session with representatives from FTSE Russell and Morgan Stanley to discuss how to upgrade the Vietnamese stock market.
He requested delegates to provide objective and honest feedback on what has been achieved, what has not, the consequences, and draw lessons learned for the future. He also emphasised the need to identify key directions and tasks, with a firm resolve to prevent, and eventually eliminate the trafficking of counterfeit medicines and fake food products.
The Ministry of Finance is drafting policies to establish specialised AI and smart industrial parks to raise the technological profile of FDI projects and create spillover effects for local businesses.
Vietnam ranked as the 8th largest export market of Singapore with an export turnover of more than 11.7 billion SGD (9.06 billion USD) in the first five months of this year, four places higher than that of the same period last year.
Vietnamese Ambassador to the US Nguyen Quoc Dung reviewed key milestones in the bilateral relationship, underscoring the essential and sustained contribution by businesses from both countries, from the time before the normalisation of bilateral ties in 1995 until today, when the two sides are comprehensive stategic partners of each other.
According to targets adopted at the fifth Party Congress of the Management Board of the Ho Chi Minh City Export Processing and Industrial Zones Authority (HEPZA) on June 22, the zones aim for average capital attraction of 8–10 million USD per hectare, with a 70% disbursement rate of registered capital achieved on schedule.
This year’s event attracted more than 350 entries from cities and provinces across the country, reflecting growing interest in and commitment to the Fourth Industrial Revolution.
The new Government decree also simplifies loan procedures while expanding credit incentives to include organic and circular agriculture, allowing them to access preferential terms similar to those of high-tech and value-chain based agricultural production.
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Stock market upgrade will help Vietnam lure another 10 billion USD in investment. - Illustrative image (Photo: VNA) 
