Vietnam’s stock market has grown in size and influence, yet remains a “frontier market” alongside much smaller economies. The question is: Has the time come for Vietnam to be recognized for its true potential?
At Directors Talk #23 on August 13, hosted by VIOD, Ms. Nguyen Hoai Thu – Managing Director, VinaCapital – affirmed: “There is no reason why Vietnam’s stock market should remain in the frontier basket with small markets”.
Vietnam’s case is backed by stable macro fundamentals, strong GDP growth, controlled inflation, and rising foreign inflows. A young population, expanding demand, resilient exports, and upgrades in infrastructure (such as KRX) and legal frameworks further bolster the outlook.
Yet, an upgrade is not the end goal. Without lasting reforms, the risk of reversal is real. Companies must enhance governance, transparency, and shareholder protection, while the market ensures fairness, curbs manipulation, and builds trust.
Vietnam stands at a turning point. Reclassification would be a major boost, but sustaining it requires joint effort from businesses, investors, and regulators to turn this opportunity into lasting global positioning.
Read more articles about the event
VinaCapital’s Big Boss: There’s No Reason Vietnamese Stocks Are Still in the Marginal Basket
Stocks upgraded but need to avoid being “downgraded” later
High credit balance, need to develop bond channel to “burden” banks
The attractiveness of Vietnamese stocks from the perspective of international investors
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Tiếng Việt (Vietnamese)
