started · updated
Vietnam stock market upgraded to secondary emerging market status by FTSE Russell
Vietnam's stock market has officially transitioned from a frontier market to a secondary emerging market following an upgrade by FTSE Russell, effective September 21, 2026. This milestone is expected to facilitate significant foreign capital inflows through a four-stage allocation process.
According to SSI Securities, initial net buying from FTSE index-tracking funds reached approximately 240.49 million USD on September 18. While the upgrade directly impacts large-cap listed stocks, it is also expected to benefit the startup ecosystem by providing clearer exit routes for venture capital and increasing market transparency.
VinaCapital reports that Vietnam's market valuations remain attractive compared to its ASEAN peers. Projections for 2026 indicate that Vietnam will lead the comparison group with an earnings per share (EPS) growth of 42.3% and a return on equity (ROE) of 15.0%. Despite these strong fundamentals, the market's P/E ratio sits at a mid-range level relative to neighbors like Thailand and Malaysia.
Entities
FTSE Russell · Mekong Capital · Nguyễn Thị Phương Thảo · SSI Securities · Vietnam · Vinacapital
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 2 SOURCES] FTSE Russell has upgraded Vietnam from a frontier market to a secondary emerging market. kienthuc.net.vn · www.vietnamplus.vn
- [○ 1 SOURCE] Vietnam received approximately 4 billion USD in private equity and 500 million USD in venture capital in 2025. kienthuc.net.vn
- [● 2 SOURCES] The allocation roadmap for index inclusion consists of four stages. kienthuc.net.vn · www.vietnamplus.vn
- [○ 1 SOURCE] Vietnam's earnings per share (EPS) is projected to grow by 42.3% in 2026 and 13.4% in 2027. doanhnghieptiepthi.vn
- [○ 1 SOURCE] The first disbursement from FTSE index-tracking funds on September 18 reached approximately 240.49 million USD in net buying. kienthuc.net.vn
- [○ 1 SOURCE] Vietnam's projected return on equity (ROE) for 2026 is 15.0%, the highest among its ASEAN comparison group. doanhnghieptiepthi.vn
- [● 2 SOURCES] The upgrade to secondary emerging market status is effective from September 21, 2026. kienthuc.net.vn · www.vietnamplus.vn
- [○ 1 SOURCE] Vietnam's projected P/E ratio for 2026 is 12.7 times. doanhnghieptiepthi.vn