In the early hours of April 8 (Vietnam time), FTSE Russell announced the results of its March 2026 interim review, officially confirming that Vietnam’s stock market continues to meet all the criteria required for an upgrade from Frontier Market to Secondary Emerging Market, with the effective date expected on September 21, 2026.
This marks a significant milestone in a reform journey spanning more than seven years, since Vietnam was first placed on the upgrade watchlist in 2018. In this review, FTSE Russell acknowledged substantial progress across three key areas:
(i) enhancing market accessibility through global broker onboarding;
(ii) implementing Straight-Through Processing (STP), enabling balance information sharing; and
(iii) establishing a phased inclusion roadmap for Vietnamese equities into the FTSE Secondary Emerging Index, expected to be executed in multiple tranches to ensure stable ETF inflows and minimize market volatility.
VPS extends its sincere congratulations to the Government, the Ministry of Finance, and the State Securities Commission of Vietnam for their relentless efforts in achieving this official recognition by FTSE today. We also congratulate the investor community for their continuous contributions to the market’s development over the years.
We are proud to have accompanied and contributed to the growth of Vietnam’s stock market—towards greater transparency, efficiency, and deeper integration into the global financial system.
VPS believes that this is not only a milestone upgrade, but also the beginning of a new chapter—where Vietnam’s capital market continues to strengthen its position on the global financial map and unlock sustainable opportunities for both domestic and international investors.
