FTSE Russell upgrades Vietnam to emerging markets

FTSE Russell has reclassified Vietnam as a secondary emerging market from frontier, taking effect from 21 September 2026. With $18.1trn of funds benchmarked to its indices, FTSE says Vietnam had met all of its criteria for secondary emerging market status. The vendor does say that reclassification will depend on enough progress being made in providing access to global brokers needed to support index replication.

David Sol, global head of policy at FTSE Russell, said, “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.”

Nguyen Van Thang, Minister of Finance of Vietnam, said: “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.”

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