Vietnam's stock market accessibility set to improve with new changes: MSCI
The local stock market is expected to be upgraded to the emerging status by 2022.
The local stock market is expected to be upgraded to the emerging status by 2022.
Being allowed to short sell and trade at T+0 will help Vietnam improve evaluation criteria under global providers of financial services such as FTSE Russell and MSCI.
HSBC economists forecast GDP expansion of 3% in 2020 for Vietnam, the only ASEAN country they expect to have positive growth this year.
Vietnam currently does not have a mechanism to limit the failure of transactions similar to other emerging markets in the region.
Favorable conditions in 2020 are expected to help facilitate the elevation of Vietnam’s stock market classification from a “Frontier Market” market to an “Emerging Market” by MSCI.