FTSE Russell officially announced the upgrade of the Vietnamese stock market from Frontier Market to Secondary Emerging Market on September 21, 2026, after Vietnam continued to push forward with capital market reforms, including easing pre-funding restrictions and improving market access for foreign institutional investors. This upgrade brings Vietnamese stocks into FTSE Russell's global indices such as the FTSE Emerging and FTSE All-World. FTSE Russell will gradually increase the weight of Vietnamese stocks in the indices through 2027, with 10% in September 2026, 20% in March 2027, and 35% in June 2027 and September 2027 respectively. Reuters estimates that the upgrade of Vietnam's market status could attract as much as approximately 6 billion US dollars into the market. Meanwhile, during September 14-18, 2026, foreign investors returned as net buyers of Vietnamese stocks to the tune of about 104 million US dollars, even though the overall picture since the start of the year remains net selling. The next goal is an upgrade to the MSCI Emerging Market index, for which Vietnam still needs further reforms, particularly regarding restrictions on the Foreign Ownership Limit and Free Float. Tisco Securities sees entry into the FTSE Emerging Market as the beginning of structural fund flows, and in the short term index funds investing in Vietnamese stocks are likely to benefit directly, especially the stocks that FTSE Russell preliminarily announced would be added to the FTSE Emerging Index, namely VCB, VIC, VHM, BID and VPB. Among the funds recommended by Tisco Securities is the Principal Vietnam Equity Accumulation Fund, PRINCIPAL VNEI-A.
MSCI Inc
TISCO Financial Group Public Company Limited
Vinhomes Joint Stock Company
