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Update news stock market news
Vin stocks hit ceiling levels, sending Vietnam’s richest man, Pham Nhat Vuong, soaring to USD18.1 billion in net worth.
FTSE Russell upgrade is expected to attract global capital and reduce banking system dependency.
The upgrade is expected to take effect on September 21, 2026, subject to an interim assessment in March 2026 to confirm Vietnam’s progress in improving market access through global brokers.
Vietnamese stocks surged as investors await a possible FTSE upgrade, pushing major stocks like Vingroup and Vinhomes to record highs.
Vietnam could see 5-7 billion USD in passive inflows if its stock market status is upgraded from frontier to secondary emerging.
Shares of Vingroup and affiliates surged on September 29, propelling Vuong into the top 200 richest people worldwide.
A London MoU between VNX and FTSE Russell stirs market hopes as Vietnam pushes to upgrade its stock market status.
New reforms simplify entry procedures, increase transparency, and boost market appeal to international investors.
The government’s new plan sets clear goals to lift Vietnam’s stock market from frontier to emerging market by 2025, targeting international benchmarks.
As gold and real estate soar to risky heights, major reforms aim to redirect capital into securities, stabilizing the economy.
New legal frameworks, foreign investor access improvements, and tech rollouts position Vietnam for emerging market status.
Even after reporting nearly $70 million in revenue last year, Vietnam’s iconic confectionery company plans to withdraw from the stock exchange.
The VN-Index saw its sharpest decline in months, but foreign investors remain bullish, pouring nearly $40 million into Vietnamese equities.
Vietnam’s stock market continued its unexpected rally as the VN-Index surpassed the historic 1,700-point threshold for the first time on the morning of September 5.
Vietnam’s benchmark index retreats near 1,600 points, but capital inflows show resilience.
Nguyen Thi Phuong Thao becomes Vietnam’s second-richest billionaire with a USD 3.7B fortune.
After nine straight gains and a new all-time high, Vietnam’s stock market shows signs of cooling as profit-taking intensifies.
English disclosure mandate for Vietnam’s 2,000 listed firms aims to boost foreign inflows.
Global gold prices fall sharply, but SJC gold holds near record highs as Vietnam’s VN-Index hits a new peak.
Bank shares have seen prices soar recently, helping to push the VN-Index to historic peaks. Banks with strong business performance are benefiting from favorable policies.