FTSE Russell has announced plans to upgrade Vietnam to a Secondary Emerging Market by September 2026, releasing a provisional list of 30 eligible stocks for its global indices, with the banking sector prominently featured including VCB, BID, SHB, EIB, and STB. This upgrade is expected to attract increased foreign investment.
The VN-Index recorded a historic 4.71% gain with 45 stocks hitting the ceiling across all exchanges, driven by aggressive buying and a 44% surge in daily liquidity, signaling a strong return of large capital. Securities and real estate sectors were particularly strong, with many blue-chips also reaching their daily limits.
The Vietnamese stock market experienced a strong rally on April 8, 2026, with the VN-Index surging over 4.7%, driven by easing international tensions and the confirmation from FTSE Russell that Vietnam will be upgraded to an emerging market from September 2026. This upgrade news activated strong cash flow, especially into large-cap stocks, leading to widespread gains across sectors.
The VN-Index surged by a record 4.71% in one day, reaching a one-month high, following FTSE Russell's announcement to upgrade Vietnam from frontier to emerging market status. Trading volume nearly doubled, with most large-cap stocks gaining significantly, despite foreign investors being net sellers.
A seafood company is struggling to repay a massive gold-denominated loan to Sacombank, with the debt value escalating significantly due to rising gold prices. Sacombank has sued the company and repeatedly failed to auction the debt, highlighting the severe financial distress of the borrower and the bank's recovery challenges.
The VN-Index recorded a historic 79-point surge, its largest absolute gain ever, driven by strong buying demand and positive news regarding a potential market upgrade by FTSE Russell and easing Middle East tensions. This broad market rally saw significant gains across major sectors like securities, banking, real estate, and oil & gas, with liquidity doubling.
Information provided for educational purposes only. Past performance does not guarantee future results. Data sourced from public Vietnamese market feeds.