The FTSE Russell upgrade of Vietnam’s stock market on September 21 opens the door to foreign capital, but the harder task is how to make the country a core, long-term allocation rather than a small weighting in global portfolios.

Nearly six months after the launch of the Vietnam International Financial Centre in Ho Chi Minh City (VIFC-HCMC), the centre has attracted more than 21 billion USD in investment commitments, highlighting growing international confidence in Vietnam's ambition to become a regional financial hub.

Vietnam is stepping up efforts to secure a sovereign credit rating upgrade and deepen access to global capital, with HSBC expected to play a key advisory role in the process.

Though only recently operational, the Vietnam International Financial Centre in HCM City (VIFC–HCMC) has reported encouraging initial results, signalling strong investor confidence and positioning itself as a gateway for large-scale capital flows into Vietnam.

Achieving double-digit economic growth in 2026 will hinge on pooling and deploying investment resources, with public funds playing a pivotal role, according to experts.

VOV.VN - Index provider FTSE Russell released its Equity Country Classification report for September 2025 on October 7 (local time), officially upgrading Vietnam’s stock market from frontier to secondary emerging market status.

VOV.VN - Hundreds of experts from the United States and Vietnam, along with policymakers and business leaders attended a forum in Da Nang city on June 23 to seek ways to accelerate high-quality investment into central Vietnam, which is poised to become a strategic destination for global capital inflows.