FTSE Russel has released its March country classification upgrade update with Vietnam holding its position on the firm’s watch list. The assessment is more or less the same as its September assessment with no key changes made to the operation of Vietnam’s stock trading ecosystem in the last six months. That said, a draft amendment to Circular 120 is currently being circulated that, if passed, should see a stock market upgrade increasingly more likely.
The next FTSE Russel country classification review is due in September.
See also: Vietnam’s Stock Market Upgrade Opportunity: Unpacked