Foreign players may pour $8 bln into Vietnam shares on market status upgrade: VinaCapital

Foreign players may pour $8 bln into Vietnam shares on market status upgrade: VinaCapital

Foreign investors will likely put between $5 billion and $8 billion into Vietnamese securities if the local stock market is elevated to an emerging one from its current frontier status, a VinaCapital executive has said.

Finance - Wed, October 11, 2023 | 10:19 am GMT+7

Credit rating key to Vietnam’s stock market status upgrade: Saigon Ratings chairman

Credit rating key to Vietnam’s stock market status upgrade: Saigon Ratings chairman

Vietnam's low credit rating is one of the reasons why foreign investment funds are hesitant to pour capital into the country, writes Phung Xuan Minh, chairman of Saigon Ratings, the first credit rating agency in Vietnam.

Finance - Tue, October 10, 2023 | 10:51 pm GMT+7

Information transparency vital to Vietnam stock market development: official

Information transparency vital to Vietnam stock market development: official

Transparent information disclosure is a vital base for the sustainable development of the Vietnamese stock market as securities authorities are striving to upgrade its status, said Pham Hong Son, vice chairman of the State Securities Commission (SSC).

Finance - Tue, October 10, 2023 | 10:28 am GMT+7

Prefunding requirement, foreign ownership limit major Vietnam stock market bottlenecks

Prefunding requirement, foreign ownership limit major Vietnam stock market bottlenecks

Vietnam has to deal with two stock market bottlenecks – pre-funding requirement and foreign ownership limit, says Dr. Nguyen Son, chairman of the Vietnam Securities Depository and Clearing Corporation (VSDC).

Finance - Tue, October 10, 2023 | 9:52 am GMT+7

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 GMT+7

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 GMT+7

Market status upgrade to help Vietnam attract $2-10 bln in foreign capital: MayBank Securities

Market status upgrade to help Vietnam attract $2-10 bln in foreign capital: MayBank Securities

Foreign capital flows into Vietnam’s stock markets can reach $2-10 billion once the nation gets upgraded to emerging market status, MayBank Securities CEO Kim Thien Quang tells The Investor.

Finance - Tue, October 3, 2023 | 4:22 pm GMT+7

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 GMT+7

Vietnam stock market upgrade hard to achieve if prefunding issue not fixed: regulator

Vietnam stock market upgrade hard to achieve if prefunding issue not fixed: regulator

Prefunding requirement and foreign ownership limit are now the largest obstacles facing the upgrade of the Vietnamese stock market and will require practical coordination between relevant ministries and agencies to remove.

Finance - Fri, September 1, 2023 | 8:17 pm GMT+7