FTSE Russell, one of the world’s three leading index providers, has announced the upgrade of Vietnam’s stock market from Frontier Market to Secondary Emerging Market, effective September 21, 2026. This marks a significant milestone in Vietnam’s ongoing integration and development of its capital market.

In its announcement on October 8, FTSE Russell recognized notable improvements in Vietnam’s market accessibility, trading infrastructure, and regulatory framework, confirming that the country has met the required criteria for reclassification. The final decision will be reviewed in March 2026, following a scheduled assessment to evaluate Vietnam’s readiness for the upgrade.

The reclassification is expected to enhance Vietnam’s position in global financial markets and attract substantial foreign capital inflows. Analysts estimate that Vietnam could receive US$6-10 billion in additional foreign investment from both active and passive funds following the upgrade.

Over the past year, regulators have implemented key reforms, including shortening the settlement cycle, simplifying procedures for foreign investors, and deploying a new trading technology platform. These initiatives have improved transparency and brought Vietnam’s market closer to international standards, laying the groundwork for this important milestone.

As one of Vietnam’s leading securities firms, Ho Chi Minh City Securities Corporation (HSC) welcomes FTSE Russell’s decision, viewing it as international recognition of Vietnam’s continuous efforts to reform and mature its capital market.

In an era of global capital realignment, HSC reaffirms its readiness to support foreign investors through seamless market access, timely insights, and efficient execution. The company has enhanced its institutional research capabilities, optimized operational systems, and strengthened risk management standards to better serve the growing needs of international investors.

HSC remains committed to supporting the sustainable growth of Vietnam’s stock market by promoting transparency, sound governance, and investor-oriented services, contributing to a more resilient and globally integrated capital market.