FTSE Russell has structured the upgrade across four phases spanning 12 months: Vietnamese stocks will be included in global indices at a 10% investability weighting starting September 21, 2026, rising to 30% in March 2027, 65% in June 2027, and reaching the full 100% by September 2027.
A market upgrade expands access to global investment capital. In the initial phase beginning September 21, roughly 240 million USD is projected to flow into 27 Vietnamese stocks. Leading global asset management institutions are also beginning to plan for multi-billion dollar investments.
Forecasts suggest that the total volume of active and passive capital flowing into Vietnam following the upgrade could range from 6 billion to 10 billion USD. Vanguard—the world's second-largest asset manager—has announced plans to invest 2.5 billion USD in Vietnam through its FTSE-linked funds on behalf of millions of global investors.
“For FTSE Russell, we have a global index series, and that index series actually attract around 2.8 trillion of Asset Under Management that include emerging market into that construction. So Vietnam, prior to the inclusion, does not get any share of that AUM, but when Vietnam was placed into the emerging market universe, then it started to kind of tap into that 2.8 trillion asset,” said Wanming Du, Director of Asia-Pacific Index Policy at FTSE Russell.
The upgrade also serves as a driving force for Vietnam's stock market to further enhance transparency, efficiency, and competitiveness, so as to contribute to the development of a safe, sound, and sustainable capital market.
