Prime Minister Le Minh Hung hosted a reception on September 17 for CEO of FTSE Russell Fiona Bassett and a delegation of global investment organisations who are on a working trip to Viet Nam.
PM Hung highly valued FTSE Russell’s role in monitoring, assessing, reviewing, and supporting the Vietnamese stock market, as well as in fostering its development toward greater transparency and efficiency in alignment with international standards.
On September 21, Viet Nam’s stock market is set to officially attain the "Secondary Emerging Market" status under FTSE Russell’s classification criteria. He outlined key aspects of Viet Nam's recent economic performance, highlighting significant achievements – most notably a GDP growth rate of 8.18% in the first half of 2026, the highest in 15 years.
The country is determined to achieve double-digit growth this year and throughout the 2026–2030 period, while maintaining macroeconomic stability, controlling inflation, and ensuring major economic balances.
Realising this goal requires substantial capital mobilisation; therefore, developing a deep, broad, and efficient capital market is an urgent task to harness resources from both domestic private and foreign sectors, alongside public investment and bank credit, he noted.
The Government leader underlined many important reforms Viet Nam has carried out to create more favourable conditions for investors, particularly for foreign ones, demonstrating a strong commitment to reforming the stock market and fostering an increasingly open and transparent investment environment.
FTSE Russell’s decision to upgrade the status of Viet Nam’s stock market serves as an objective recognition of the country's vision, political determination, and reform efforts, he remarked.
PM Hung stated that Viet Nam views this market upgrade as the starting point for a new phase of development characterised by higher quality, greater scale, and increased professionalism for the Vietnamese stock market.
It will focus on subsequent actions to sustain this upgraded status by maintaining seamless information flow and regular dialogue with market participants to establish a transparent and periodic communication channel with FTSE Russell to stay abreast of new standards or areas requiring improvement identified during reviews.
The country will also ensure the smooth and stable implementation of reforms; expedite the deployment of the Central Counterparty (CCP) mechanism; effectively address issues raised by global securities firms and global custodians; and intensify supervision and support for listed companies in adopting ESG standards, enhancing information transparency, and implementing corporate governance practices aligned with OECD principles – all of which are essential to retaining significant capital inflows from global investment funds, he added.
He expressed confidence that through cooperation with FTSE Russell and global partners, Viet Nam’s stock market will achieve further growth – not merely maintaining its current rating but truly rising to a regional level.
