Vietnam Stocks Closer to Upgrade in FTSE Review, Investors Say

The Ho Chi Minh City Stock Exchange is expected to launch it on May 5.

Photographer: Brent Lewin/Bloomberg
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Vietnam’s years-long wait for an equity market upgrade might finally end in 2025 as FTSE Russell prepares to issue an index review update, potentially boosting market sentiment amid US tariff chaos.

The London-based global index compiler is likely to reclassify Vietnamese shares to secondary emerging-market status from frontier in September, according to market watchers. FTSE, which will release interim country classification results on April 8, projects that Vietnam’s stocks will draw up to $6 billion in capital inflows if they’re upgraded.