Minister of Finance Nguyen Van Thang works with leaders of FTSE Russell

(Dan Tri) - On the morning of September 15 (local time), in London (UK), Minister of Finance Nguyen Van Thang and the Ministry of Finance's working delegation had a working session with the London Stock Exchange.

At the meeting, Minister Nguyen Van Thang highly appreciated the cooperation between LSE and FTSE Russell with the State Securities Commission (SSC) in recent times, and updated the development situation of the Vietnamese economy and stock market.

Sharing more information with Ms. Julia Hoggett, the Minister said that during this working trip, Chairwoman of the State Securities Commission Vu Thi Chan Phuong will also have a direct working session with FTSE Russell to discuss issues of upgrading the Vietnamese stock market.

The Ministry of Finance will also organize an Investment Promotion Conference in London on the morning of September 16 to provide investors in the London financial market with the most complete information about the Vietnamese financial market.

In addition to general information on the economic situation and the stock market, the Minister said that by the end of August 2025, the total stock market capitalization will reach nearly 352 billion USD, equivalent to 79.5% of estimated GDP in 2024.

Market liquidity increased significantly, with some sessions having transaction values ​​of over 3 billion USD. Since the beginning of the year, the average transaction value per session has reached over 1.1 billion USD per session, among the most active in the ASEAN region.

During the meeting, Ms. Julia Hoggett - General Director of London Stock Exchange discussed cooperation initiatives in the context that Vietnam is actively implementing solutions to upgrade the stock market such as: Cooperation between FTSE Russell and the State Securities Commission to remove obstacles in upgrading criteria; Signing an MOU to cooperate in developing indexes between VNX and FTSE Russell...

Representatives of the two sides exchanged (Photo: State Securities Commission).

Discussing the issue of upgrading the stock market

Providing more information on the issue of upgrading the stock market, Minister Nguyen Van Thang said that recently, the Vietnamese Government has made focused efforts to implement solutions to meet the upgrading criteria of FTSE Russell.

“We have had strong reforms and decisions with the synchronous issuance of many mechanisms and policies that take effect immediately to create the most favorable conditions for foreign investment capital to participate in the Vietnamese stock market,” said the Minister.

In the spirit of cooperation and sustainable development, the Minister also emphasized the proposal of a number of cooperation orientations between Vietnam and LSE in the coming time. Accordingly, Vietnam wishes to increase the exchange of experiences in building and perfecting the legal framework, market supervision mechanism, applying international standards on corporate governance, information disclosure and promoting sustainable growth (ESG), thereby enhancing transparency, safety and global integration.

At the same time, Vietnam is interested in learning from experience in developing new products to diversify securities products such as developing green bonds, sustainable bonds, and derivative securities instruments.

On the LSE side, Ms. Julia Hoggett expressed her high consensus and confidence in the development of the Vietnamese stock market in the coming time. LSE will continue to promote cooperation to support the Vietnamese stock market in the issue of upgrading to emerging market status. Ms. Julia Hoggett hopes that the cooperation between the two sides will have a new step of development and LSE will be an effective "gateway" for the Vietnamese market to connect with many other markets in the world.

Also at the working session, witnessed by Minister Nguyen Van Thang, Ambassador Do Minh Hung, Chairwoman of the State Securities Commission Vu Thi Chan Phuong, General Director of LSE Julia Hoggett, Director of Global Policy FTSE David Sol; Vietnam Stock Exchange (VNX) signed a Memorandum of Understanding (MOU) with FTSE International Limited (FTSE) - officially establishing a strategic cooperation relationship to improve capital market infrastructure and promote Vietnam's international integration.

Source: https://dantri.com.vn/kinh-doanh/bo-truong-bo-tai-chinh-nguyen-van-thang-lam-viec-voi-lanh-dao-ftse-russell-20250916070936263.htm