FTSE Russell lists 28 Vietnamese stocks eligible for emerging-market index inclusion

FTSE Russell has named 28 Vietnamese companies potential for inclusion in the FTSE Global All Cap Index following the country’s market upgrade from frontier to secondary emerging status.

In its detailed guidance, FTSE Russell said it officially upgraded Vietnam to secondary emerging market status in October, with the reclassification set to become effective on September 21, 2026. This status is contingent upon a final interim review in March 2026 to confirm sufficient progress in market accessibility.

Once the upgrade is implemented, Vietnamese equities will be removed from the FTSE Frontier Index and added to the FTSE Global Equity Index Series (GEIS), with inclusion expected to be implemented in multiple tranches.

Based on current estimates, Vietnam will account for 0.04% of the FTSE Global All Cap Index, 0.02% of the FTSE All-World Index, 0.34% of the FTSE Emerging All Cap Index, and 0.22% of the FTSE Emerging Index.

The 28 eligible Vietnamese stocks include four large-cap names, Hoa Phat Group (HPG), Vietcombank (VCB), Vingroup (VIC), and Vinhomes (VHM), along with three mid-cap firms: Masan Group (MSN), Sabeco (SAB), and Vinamilk (VNM).

The remaining constituents include Dat Xanh (DXG), DIC (DIG), Duc Giang Chemicals (DGC), FPT Retail (FRT), Khang Dien (KDH), Kido Group (KDC), Kinh Bac (KBC), Petrovietnam Fertilizer and Chemicals Corporation (DPM), Phat Dat (DPR), Sacombank (STB), SHB (SHB), SSI Securities (SSI), Tasco (HUT), Vietcap Securities (VIC), Vietjet Air (VJC), Gelex (GEX), Eximbank (EIB), Petrolimex (PLX), Vincom Retail (VRE), VIX Securities (VIX), and VNDirect Securities (VND).

All the stocks are listed on the Ho Chi Minh Stock Exchange (HoSE).

The final list of constituents will be confirmed in FTSE Russell’s semi-annual review in September 2026.

VN-Index, Vietnam's benchmark, closed up 13.07 points higher to 1,593.6 on Tuesday.