Nasdaq congratulates Vietnam's stock market on being upgraded

On the afternoon of October 8, at the headquarters of the State Securities Commission, Ms. Vu Thi Chan Phuong, Chairwoman of the State Securities Commission, received and worked with Mr. Bob McCooey, Vice President and Director of the International Listing Department, Nasdaq Stock Exchange (USA), on the occasion of his working trip to Vietnam.

Chairwoman of the State Securities Commission Vu Thi Chan Phuong at the working session.

The meeting took place in a particularly meaningful context, right at the time when FTSE Russell Ratings officially announced the upgrading of Vietnam's stock market from "frontier market" to "secondary emerging market" - an important milestone, affirming the persistent efforts of management agencies, businesses and investors in the integration and development process of Vietnam's capital market.

Speaking at the meeting, Chairwoman of the State Securities Commission Vu Thi Chan Phuong expressed her pleasure to meet Mr. Bob McCooey again after a working trip with Prime Minister Pham Minh Chinh at Nasdaq, where the two sides signed a letter of intent for cooperation.

Ms. Phuong said that in recent times, Vietnam has proactively completed the legal framework, promoted administrative procedure reform and increased market transparency, in order to facilitate capital mobilization and protect investors' rights.

The State Securities Commission has issued a Regulation on coordination in reviewing initial public offering (IPO) registration dossiers at the same time as listing registration dossiers, marking a new step forward in procedural reform, towards a more favorable, professional and modern investment environment. At the same time, the management agency encourages qualified enterprises to participate in listing in the international market, especially on Nasdaq, as well as research on issuing depository receipts (DR) in the United States.

Previously, in July 2025, the State Securities Commission coordinated with Nasdaq and partners in the ASEAN region to successfully organize a conference on IPOs and issuance of depository certificates, opening up opportunities for deeper cooperation between Vietnamese enterprises and global investors.

Mr. Bob McCooey (2nd from left), Vice President and Head of International Listings, Nasdaq, speaks at the meeting.

Vietnam hopes that Nasdaq will continue to closely coordinate, support information dissemination and accompany Vietnamese enterprises in accessing and taking advantage of opportunities to issue depository certificates and list on the international market.

Speaking at the meeting, Mr. Bob McCooey congratulated the Vietnamese stock market on being upgraded by FTSE Russell, highly appreciating the strong reform spirit and dynamic development capacity of the Vietnamese economy . He affirmed that Nasdaq is always ready to cooperate and support the State Securities Commission in areas of interest to Vietnam, especially in capital mobilization, international listing, technology application and transaction supervision.

The Vice President of Nasdaq emphasized that Vietnam is one of the fastest growing and most potential economies in the region, attracting the attention of US and global investors. Nasdaq wishes to become a reliable bridge, accompanying the State Securities Commission and Vietnamese enterprises on the integration journey, contributing to promoting the image of the country and the Vietnamese financial market in the international arena.

LETTER OF PROTECTION

Source: https://nhandan.vn/nasdaq-chuc-mung-thi-truong-chung-khoan-viet-nam-duoc-nang-hang-post914098.html