Vietnam’s stock market has been the platform to help firms like Vietcombank, Vinamilk and Vingroup, expand to regional and global stages.

A possible delay in the Vietnamese stock market’s status upgrade until next year will result in the country losing a significant catalyst to reverse the trend of foreign selling.

Vietnam’s stock market authorities are actively working with global providers of financial services in MSCI and FTSE Russell to speed up the market upgrading process.