FTSE Russell is about to announce the results of the review to upgrade Vietnam's stock market

The Vietnamese market is being evaluated for upgrading from a frontier market to a secondary emerging market.

FTSE Russell is about to announce the results of the review to upgrade Vietnam's stock market

The Vietnamese market is being evaluated for upgrading from a frontier market to a secondary emerging market.

FTSE Russell has just announced that the national market classification assessment will be announced after the US market closes on April 8, 2025, or early morning on April 9, 2025, Vietnam time.  

The classification of markets in the FTSE Global Index basket is constantly reviewed. In this announcement, Vietnam and Greece are two markets that FTSE Russell has put on the watch list for consideration of upgrading.  

Specifically, the Vietnamese market is being monitored for reclassification from a frontier market to a secondary emerging market.  

Before the final results are published, FTSE Russell will consult with members of the FTSE National Classification Advisory Committee on 4 March 2025. FTSE Russell’s regional equity advisory committees will meet in the following week from 10 March 2025, with a meeting of the FTSE Russell Policy Advisory Council on 20 March 2025. Finally, the feedback received will be considered and the announcement will be approved at the FTSE Russell Index Governing Council meeting on 2 April 2025.

Previously, in October 2024, FTSE Russell's stock market ranking report showed that Vietnam continued to be on the Pending list for consideration for upgrading to secondary emerging market status.

In Vietnam, market participants are also waiting for information about the upgrade from FTSE.  

Rong Viet Securities Company recently assessed that this March the market will wait for positive information about upgrading Vietnam's stock market from FTSE when Vietnam has fully met the criteria.

KBSC also believes that the focus of the market in the coming period will still come from the process of putting the KRX system into operation in the second quarter of 2025 and upgrading the Vietnamese stock market according to FTSE. KBSV's view is that Vietnam may have an official announcement of upgrading in September 2025 and be added to the FTSE Emerging Index in March 2026. This development is expected to maintain optimism and attract new foreign capital flows to the market.

The upgrade target is determined to be implemented and achieved this year. At the end of February 2025, the State Securities Commission also had a meeting with representatives of the FTSE Russell Market Rating Organization to update information and efforts of the management agency to promote the process of upgrading the Vietnamese stock market.

At the meeting, Ms. Wanming Du - Director of Index Policy, Asia-Pacific, FTSE Russell exchanged technical information on FTSE Russell's market assessment and ranking process. Regarding positive information, solution groups, and development orientations for Vietnam's stock market, FTSE Russell representative said that these will be favorable conditions for FTSE Russell in making assessments of Vietnam's stock market.

Source: https://baodautu.vn/ftse-russell-sap-cong-bo-ket-qua-xem-xet-nang-hang-thi-truong-chung-khoan-viet-nam-d251795.html