Vietnam plans to meet MSCI market upgrade standards by 2030.

The Vietnamese government's official website released a statement stating that the country is actively advancing various measures to attract more foreign investors, with the goal of meeting the upgrade standards of Morgan Stanley Capital International's emerging markets by 2030. According to a recently approved plan, this Southeast Asian country will simplify processes for foreign investors, including registration, account opening, and optimize the opening process of capital accounts for indirect investment. The statement also points out that Vietnam will develop a roadmap, introduce regulated short selling transactions and securities lending businesses, and build advanced payment and settlement infrastructure. In addition, the Vietnamese government plans to review regulations related to foreign ownership restrictions, and eliminate unnecessary constraints on foreign investment access in industries where restrictions are not required. In recent years, Vietnam has taken a series of measures to enhance the attractiveness of its stock market to global funds, including pushing for its inclusion in the emerging market classification by FTSE Russell. So far this year, Vietnam's benchmark VN Index has outperformed similar indices in other Southeast Asian countries, with a gain of over 31%this is partly due to optimistic expectations for Vietnam's economic growth, and also benefits from the potential upgrade of its market classification.