FTSE Russell Announced Vietnam to be Classified as Secondary Emerging Market Status in 2026 September (26/9/25) from Frontier Market Status

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FTSE Russell Announced Vietnam to be Classified as Secondary Emerging Market Status in 2026 September (26/9/25) from Frontier Market Status

20th October | Hong Kong

FTSE Russell announced Vietnam to be classified as secondary emerging market status in 2026 September (26/9/25) from current frontier market status.  Announcement (7/10/25): “FTSE Russell, the global index provider, has published the results of its annual country classification review for countries monitored by its global equity and fixed income indices.  Equities – FTSE Russell is pleased to announce that Vietnam will be reclassified from Frontier to Secondary Emerging market status with an effective date of Monday 21 September 2026 subject to an interim review in March 2026. This is to determine whether sufficient progress has been made in enabling access to global brokers, which is essential to support index replication and meet the needs of the international investment community. FTSE Russell recognises the progress made by the Vietnamese market authorities in evolving its market by removing the prefunding requirement for Foreign Institutional investors (FII) with the implementation of a non-refunding (NPF) model and establishing a formal process for handling failed trades. FTSE Russell acknowledges that Vietnam has met all the criteria of the Secondary Emerging market status under the FTSE Equity Country Classification Framework.  FTSE Russell will continue to monitor developments closely and welcomes feedback from index stakeholders to enable the reclassification to proceed as planned in September 2026.”

“ FTSE Russell Announced Vietnam to be Classified as Secondary Emerging Market Status in 2026 September (26/9/25) from Frontier Market Status “

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Nguyen Van Thang, Minister of Finance of Viet Nam: “Over the past two years, under the leadership of the Government, Prime Minister, and with the close guidance of the Ministry of Finance, the State Securities Commission has implemented a comprehensive reform program to align Vietnam’s securities market with highest international standards. The official recognition and upgrade of Vietnam’s securities market is clear evidence of the country’s sound development path and its growing capacity to integrate deeply into the global financial system. The Ministry of Finance remains committed to advancing deeper and broader reforms, maximising accessibility for both domestic and international investors, while accelerating the modernisation and digitalisation of its market infrastructure – with the objective of establishing an increasingly transparent and efficient market.”

David Sol, Global Head of Policy at FTSE Russell: “FTSE Russell congratulates the Vietnamese market authorities on the significant progress made in aligning with international standards. The reclassification of Vietnam reflects the implementation of key market infrastructure enhancements, and we look forward to continued collaboration to ensure sustained progress ahead of the target reclassification date in September 2026.”

FTSE Russell Announced Vietnam to be Classified as Secondary Emerging Market Status in 2026 September (26/9/25) from Frontier Market Status

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