Vietnam Wins Emerging-Market Status From FTSE, Drawing Investor Optimism
1. Vietnam upgraded to secondary emerging market status by FTSE Russell. 2. Expected to attract $3.4 billion in foreign investment over time. 3. Vietnam's VN Index increased 33% year-to-date, signaling investor interest. 4. Reforms are intended to deepen capital markets and attract international investment. 5. Potential for an investment-grade rating by 2028 could boost growth.