The State Securities Commission will work directly with FTSE Russell to discuss in detail the criteria for upgrading the market.

On September 15 (local time), in London (UK), Minister of Finance Nguyen Van Thang and a delegation from the Ministry of Finance worked with the London Stock Exchange (LSE).

Minister of Finance Nguyen Van Thang and his delegation worked with LSE and FTSE Russell to discuss solutions to upgrade Vietnam's stock market, promote cooperation and promote to international investors. (Source: Ministry of Finance)

At the meeting, Minister Nguyen Van Thang highly appreciated the close cooperation of LSE and FTSE Russell with the State Securities Commission in recent times, especially in reform efforts to meet the criteria for upgrading the Vietnamese stock market.

He thanked Ms. Julia Hoggett, CEO of LSE; Mr. David Sol, Head of Global Policy and Governance, FTSE Russell and colleagues for accompanying Vietnam.

The financial sector leader also informed that within the framework of this working trip, Chairwoman of the State Securities Commission Vu Thi Chan Phuong will work directly with FTSE Russell to discuss in detail the upgrading criteria.

At the same time, the Ministry of Finance will organize an Investment Promotion Conference in London on September 16, to provide the most comprehensive information about Vietnam's financial market to international investors.

Regarding the economic situation, the Minister said that in the first 8 months of 2025, Vietnam's economy continued to record many positive results. Gross Domestic Product (GDP) growth in the second quarter of 2025 reached 7.96%, the Government set a growth target for the whole year from 8.3% to 8.5%.

Newly registered, adjusted and contributed foreign direct investment (FDI) reached nearly 26.1 billion USD, up 27.3% over the same period. Import-export turnover reached 598 billion USD, up 16.3%.

For the stock market, by the end of August 2025, the total stock market capitalization will reach about 352 billion USD, equivalent to 79.5% of GDP in 2024. Market liquidity will increase significantly, with many trading sessions exceeding 3 billion USD. On average, the trading value will reach more than 1.1 billion USD/session, ranking among the most vibrant in ASEAN.

The Vietnamese Government has been focusing on synchronously implementing many solutions to meet upgrading requirements, creating more favorable conditions for international investors to participate in the stock market.

Minister Nguyen Van Thang affirmed: "Vietnam has issued many synchronous mechanisms and policies that take effect immediately, creating favorable conditions for foreign investment capital to participate in the stock market."

Ms Julia Hoggett, Director General of LSE welcomed the positive news from the Minister.

She shared about LSE's activities and highlighted the potential for cooperation in many areas, including the development of a joint index between VNX and FTSE Russell.

At the meeting, Minister Nguyen Van Thang proposed many cooperation orientations in the coming time.

First of all, enhance the exchange of experiences in building legal frameworks, monitoring markets, applying international standards on corporate governance, information disclosure and promoting sustainable growth (ESG).

At the same time, Vietnam wants to learn from experience in developing new financial products such as green bonds, sustainable bonds, and derivative securities.

Minister Nguyen Van Thang proposed a number of cooperation orientations between Vietnam and LSE in the coming time. (Source: Ministry of Finance)

In addition, the two sides can coordinate to promote investment and promote the image of Vietnamese enterprises to international investors, especially in the UK and Europe.

Another priority is training human resources in finance and securities, combined with the application of Fintech technology, artificial intelligence (AI), and Blockchain to improve market operation efficiency.

"With the support of LSE, the Vietnamese stock market will increasingly develop, contributing positively to the common prosperity of the two countries as well as the world," Minister Nguyen Van Thang expressed his confidence.

In response, Ms. Julia Hoggett affirmed that LSE will continue to support Vietnam in the process of upgrading to an emerging market, and at the same time act as a "gateway" to connect the Vietnamese market with the world.

At the end of the meeting, the two sides agreed to continue to strengthen cooperation in many aspects, thereby helping the Vietnamese stock market become more and more attractive to international investors. FTSE Russell also acknowledged the strong reforms that Vietnam has implemented in recent times.

At the LSE headquarters, under the witness of Minister Nguyen Van Thang, Vietnamese Ambassador to the UK Do Minh Hung, Chairwoman of the State Securities Commission Vu Thi Chan Phuong, General Director of LSE Julia Hoggett, Global Policy Director of FTSE Russell David Sol, Vietnam Stock Exchange (VNX) signed a Memorandum of Understanding (MOU) with FTSE International Limited.

This MOU officially establishes a strategic partnership to improve capital market infrastructure and promote Vietnam's international integration.

The signing event, witnessed by the Minister of Finance, demonstrates Vietnam's strong commitment to developing the stock market and expanding international cooperation.

Source: https://baoquocte.vn/uy-ban-chung-khoan-nha-nuoc-se-lam-viec-truc-tiep-voi-ftse-russell-de-ban-chi-tiet-cac-tieu-chi-nang-hang-thi-truong-327827.html