Investors monitor stock market movements at the Ho Chi Minh City Stock Exchange (HOSE). (Photo: VNA)

The FTSE Russell Index Governance Board (IGB) acknowledged the achievements made by Viet Nam’s market regulators throughout the development process and confirmed that Viet Nam now meets all requirements to be classified as a Secondary Emerging Market under the FTSE Equity Country Classification Framework.

This event marks a major milestone in the strong development of Viet Nam’s stock market, recognising the comprehensive reform efforts undertaken in recent years by the entire securities sector under the leadership of the Party and the State. These reforms have aimed to build a transparent, modern, and efficient market aligned with the highest international standards.

The achievement is the result of decisive direction from the Government, the Prime Minister, and the Ministry of Finance; close coordination with the State Bank of Viet Nam and relevant ministries and agencies; the active participation of the stock exchanges, the Viet Nam Securities Depository and Clearing Corporation (VSDC), market members, and the media; as well as valuable support from the World Bank, FTSE experts, and global investment institutions.

The upgrade of Viet Nam’s stock market to Secondary Emerging Market status marks the beginning of a new phase of development, requiring deeper and broader reforms to achieve the long-term goals in the years ahead.

As the state regulatory authority for securities and the stock market, the State Securities Commission will continue to work closely with FTSE Russell to ensure the official transition proceeds according to schedule.

The Commission is committed to implementing comprehensive measures to facilitate maximum access for both domestic and foreign investors, while continuing to improve the legal framework, modernise and digitalise market infrastructure, and advance Viet Nam’s stock market toward greater transparency, efficiency, and deeper integration into the global financial system.