New trading system KRX 'not criterion for Vietnam stock market status upgrade'

New trading system KRX 'not criterion for Vietnam stock market status upgrade'

The new trading system KRX is not a condition required by rating agencies FTSE Russell and MSCI to approve a status upgrade for the Vietnamese stock market, said director of a securities firm.

Finance - Sun, May 5, 2024 | 10:28 pm

WB estimates $25 bln foreign investment after Vietnam stock market upgrade

WB estimates $25 bln foreign investment after Vietnam stock market upgrade

Vietnam’s stock market status upgrade from “frontier” to “emerging” by global index providers FTSE Russell and MSCI can attract international investments of $25 billion by 2030, the World Bank estimates.

Finance - Tue, April 16, 2024 | 8:50 pm

FTSE Russell, Morgan Stanley work with Vietnam on stock market status upgrade

FTSE Russell, Morgan Stanley work with Vietnam on stock market status upgrade

State Securities Commission (SSC) chairwoman Vu Thi Chan Phuong met with representatives from rating organizations FTSE Russell and Morgan Stanley Thursday to discuss Vietnam’s stock market status upgrade.

Finance - Fri, April 12, 2024 | 8:01 pm

FTSE retains Vietnam in watch list for reclassification to emerging market status

FTSE retains Vietnam in watch list for reclassification to emerging market status

FTSE Russell, one of global index providers, has kept Vietnam in its watch list for possible reclassification to a secondary emerging market from a frontier market currently.

Finance - Thu, March 28, 2024 | 3:39 pm

Vietnamese stocks can attract additional $25 bln with market status upgrade: WB

Vietnamese stocks can attract additional $25 bln with market status upgrade: WB

International investors can pour an additional $25 billion into Vietnam’s stock market by 2030 if its status is upgraded from frontier market to emerging market, says a World Bank expert.

Finance - Thu, February 29, 2024 | 4:13 pm

Vietnam resolved to have stock market status upgraded next year: PM

Vietnam resolved to have stock market status upgraded next year: PM

The Vietnamese government is determined to have the country’s stock market status upgraded in 2025 as it seeks to raise more funds from foreign investors and improve listed companies’ governance.

Finance - Thu, February 29, 2024 | 12:32 pm

Speed up plan for stock market status upgrade: PM

Speed up plan for stock market status upgrade: PM

Prime Minister Pham Minh Chinh has asked the Finance Ministry to identify measures for ensuring an upgrade in Vietnam’s stock market status to “emerging market” from “frontier market” in order to lure more foreign investment into the country.

Finance - Fri, February 16, 2024 | 5:08 pm

Vietnam stock market may see $4 bln in foreign buying with upgrade

Vietnam stock market may see $4 bln in foreign buying with upgrade

Foreign funds may purchase around $3.5-4 billion worth of Vietnamese shares if the country’s stock market status is upgraded by two global index providers MSCI and FTSE, BIDV Securities JSC (BSC) has said in a report.

Finance - Tue, January 30, 2024 | 3:42 pm

Vietnam aims for stock market status upgrade by 2025: minister

Vietnam aims for stock market status upgrade by 2025: minister

The Vietnamese government is striving to have the country's stock market status upgraded to an emerging market by 2025 to lure more foreign investment, Minister of Finance Ho Duc Phoc has said.

Finance - Tue, November 7, 2023 | 9:54 am

Vietnam needs to meet higher standards for market status upgrade: expert

Vietnam needs to meet higher standards for market status upgrade: expert

Vietnam, now classified as a “frontier market” by both the U.S.’s Morgan Stanley Capital International (MSCI) and the UK’s FTSE Russell, needs to meet the higher standards of these organizations to get its status elevated to an “emerging market”, writes Can Van Luc, chief economist at Hanoi-based BIDV bank.

Finance - Mon, October 9, 2023 | 2:59 pm

Vietnam stock market status upgrade: officials, experts to discuss implications

Vietnam stock market status upgrade: officials, experts to discuss implications

A conference on Tuesday will discuss information disclosure by listed firms and other implications of an upgrade to Vietnam’s stock market status.

Economy - Tue, October 10, 2023 | 7:47 am

Vietnam still on watch list for reclassification to secondary emerging market status: FTSE Russell

Vietnam still on watch list for reclassification to secondary emerging market status: FTSE Russell

Vietnam remains on the watch list for a possible reclassification from frontier to secondary emerging market status as the market has yet to meet the settlement requirements stipulated in the FTSE Equity Country Classification Framework.

Finance - Sat, September 30, 2023 | 11:35 am