Vietnam's Stock Market Welcomes 117 New Listings in FTSE Global Equity Index

On August 21, 2026, FTSE Russell officially announced the results of its semi-annual review of the FTSE Global Equity Index Series (GEIS) for the Asia-Pacific region, excluding Japan and China. This review is particularly significant as Vietnam prepares to transition from a frontier market to a Secondary Emerging Market, effective September 21, 2026.

In total, 117 Vietnamese stocks have been added across various capitalizations, including 27 stocks to the FTSE All-Cap index, which encompasses Large Cap, Mid Cap, and Small Cap categories. Among these, three stocks—Vietcombank (VCB), Vingroup (VIC), and Vinhomes (VHM)—have been classified as Large Cap. The Mid Cap category includes BIDV (BID), Hòa Phát (HPG), and VPBank (VPB), while the Small Cap segment features 21 stocks, such as FPT (FPT), Masan Group (MSN), and Vinamilk (VNM).

Additionally, a noteworthy 90 stocks have been included in the Micro Cap category, marking the largest addition of Vietnamese stocks in this segment during this review period. Prominent names in this category include several securities firms like BSI, FTS, and MBS, as well as companies from the banking sector and real estate, such as KLB (KienlongBank) and HDC.

The transition to a Secondary Emerging Market is expected to attract significant foreign investment. Analysts estimate that approximately $1.33 billion could flow into Vietnamese stocks from 28 exchange-traded funds (ETFs) and index funds that track the FTSE indices. This influx is anticipated to enhance liquidity and market depth, vital for sustaining Vietnam's economic growth.

“FTSE Russell welcomes the continued progress made by the Vietnamese market authorities in aligning with international standards.”David Sol, Global Head of Policy at FTSE Russell

According to David Sol, Global Head of Policy at FTSE Russell, FTSE Russell welcomes the continued progress made by the Vietnamese market authorities in aligning with international standards. The upgrade reflects improvements in market accessibility and infrastructure, including the removal of the prefunding requirement for foreign institutional investors.

The inclusion of Vietnamese stocks in the FTSE indices will occur in phases, starting with an initial allocation of 10% on September 21, 2026, followed by further increments in March, June, and September of 2027. This gradual approach aims to mitigate the potential impact on market liquidity while allowing for a smooth transition.

As the market braces for these changes, investors are keenly observing which stocks will benefit most from this upgrade and how the market dynamics will shift in response to the anticipated influx of capital.