Explainer

What ‘Emerging Market’ Status Would Mean for Vietnam

The Vietnamese flag on top of the Hanoi Stock Exchange in Hanoi.Photographer: Maika Elan/Bloomberg

Stock index provider FTSE Russell has confirmed plans to upgrade Vietnam from a “frontier” to an “emerging” market.

The change, which puts Vietnamese stocks in the same category as those of regional economic heavyweights China and India, is due to take effect on Sept. 21, 2026, pending an interim review in March.