Vietnam upgraded to emerging market status by index provider | Business

HANOI, Oct 8, 2025 (BSS/AFP) - Vietnam was designated an emerging market by a major index provider for the first time on Wednesday, a long-awaited upgrade that could accelerate foreign investment into one of Southeast Asia's fastest growing economies. FTSE Russell is reclassifying Vietnam as a "secondary emerging market", a designation that will put it in the same group with China and India when it takes effect in September next year, the index provider said. The upgrade from "frontier" status, which is subject to an interim review in March, comes as Vietnam's benchmark stock index has soared over 30 percent in the last year. "FTSE Russell recognises the progress made by the Vietnamese market authorities in evolving its market... and...