Vietnam's stock market has entered a phase of notable fluctuations following its recent ascent to a historic peak, driven by rising profit-taking pressures.

After two years of record net selling, foreign capital flows in Vietnam’s stock market are expected to gradually reverse in 2026, supported by a more stable exchange rate, improving macroeconomic conditions, and growing expectations of a market upgrade.

Vietnam's stock market has entered a decisive stage of transformation after 25 years of development, driven by deeper institutional reform, technological modernisation and an expanding market scale.

As Vietnam's stock market moves closer to an emerging market classification, improving the quality of listed companies is becoming a central policy priority, particularly through the presence of high-quality foreign direct investment (FDI) enterprises and stronger Environmental, Social, and Governance (ESG) practices.

The Vietnamese stock market is on the brink of transformative changes as the government implements new policies designed to facilitate foreign investor access.

Vietnam’s stock market is riding a historic wave of initial public offerings (IPOs), with projections estimating a potential inflow of up to US$47 billion over the next three years.

Vietnam’s first-ever inclusion by FTSE Russell in the list of Secondary Emerging Markets, alongside China, India, and Indonesia, represents a historic turning point and a new phase in the development of its stock market, according to Associate Professor Dr Ho Quoc Tuan from the University of Bristol (UK).

VOV.VN - FTSE Russell, a leading global index provider, has congratulated Vietnamese market authorities on their progress in aligning with international standards, noting that Vietnam’s reclassification to a secondary emerging market reflects key infrastructure improvements, according to David Sol, Global Head of Policy and Governance at the firm.

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.

Prime Minister Pham Minh Chinh recently issued a decision, giving a go-head for a project to upgrade the stock market, aiming at transforming it into an important channel for medium- and long-term capital mobilisation, completion of a market mechanism with state management, and deeper international integration.