Xtrackers FTSE VIETNAM SWAP UCITS ETF Capitalisation 1C

XFVT

On May 15, the Vietnam Chamber of Commerce and Industry launched the Business Performance Index (BPI) alongside the revamped Provincial Competitiveness Index 2025 (PCI 2025). The BPI assesses the private sector's development and innovation, while the PCI 2025 introduces a new grouping model for governance quality. Top-performing localities include HCM City, Hà Nội, and Quảng Ninh. The report highlights ongoing reforms and the need for improved market access and policy transparency to support the growth of Vietnam's private sector.

Vietnam News

VanEck Vietnam ETF

Việt Nam launches BPI for the first time alongside revamped PCI 2025

VNAM

The green transition presents a unique opportunity for small and medium-sized enterprises (SMEs) to compete with larger corporations by integrating into global supply chains and meeting ESG standards. Experts at a seminar in HCM City emphasized that SMEs can adapt more quickly to sustainability demands, potentially securing major clients and long-term contracts. However, challenges such as leadership mindset, lack of qualified personnel, and limited access to green finance remain. Companies must view sustainable development as a core strategy, focusing on practical measures to reduce emissions and costs to maintain competitiveness in the evolving market.

Global X MSCI Vietnam ETF

Green transition opens rare window of opportunity for smaller enterprises

Vietnam has revised its national and regional development plans through 2030, focusing on technology and innovation to achieve double-digit economic growth. Announced by the Ministry of Finance, the plans aim to reorganize development spaces, enhance regional connectivity, and create new growth hubs. The country targets upper-middle-income status by 2030, with GDP per capita projected at $8,500. Key sectors include electronics, digital technology, and renewable energy. The government plans to develop industrial clusters and improve infrastructure, while promoting advanced agricultural practices. The National Assembly approved amendments to the master plan in December 2025.

- Vietnam has revised its national and regional development plans, aiming for double-digit economic growth by 2030 through technology and innovation.  
- The plan aims to reorganize national development space while enhancing regional connectivity and resource allocation, targeting a per capita GDP of approximately $8,500 and an annual labor productivity growth of over 8.5%.  
- Key industries such as electronics, digital technology, and renewable energy are prioritized, alongside improvements in infrastructure to connect major economic centers and foster sustainable growth.

Development map redrawn to drive double-digit growth

KPHO

Việt Nam is encouraged to learn from the London Financial Centre to enhance its financial market competitiveness. Radiana Vlahova from the London Southside Chamber of Commerce emphasizes the need for a regulatory mindset that promotes informed risk-taking. Recent Vietnamese policies align with this approach, aiming for clearer regulatory frameworks and improved investor confidence. Key reforms include distinct roles for financial regulators and streamlined processes for fund approvals. Việt Nam's goal is to join the MSCI Emerging Markets Index by 2030, with a focus on legal frameworks for corporate bonds and fintech, leveraging lessons from London to build a robust financial market.

XT Vietnam USx

KraneShares Dragon Cptl Vtnm Gr Idx ETF

MSCI

Việt Nam told to learn from London to win global capital

Vietnam's economy is projected to grow by 7.2% in 2026, driven by strong public investment and export-oriented actions. However, sustaining this growth requires reforms to enhance productivity, deepen capital markets, and transition to cleaner energy. Key areas for improvement include attracting quality investors, increasing access to long-term financing, enhancing infrastructure, and developing a skilled workforce. Vietnam is also focusing on green growth and aims for net-zero emissions by 2050, but faces challenges such as policy uncertainty and infrastructure bottlenecks. Mobilizing private investment and expediting project preparation are crucial for future growth.

- By 2026, Vietnam's economy is expected to be one of the strongest performers in Southeast Asia, driven by necessary reforms to enhance productivity, deepen capital markets, and accelerate the transition to clean energy.  
- The Asian Development Bank forecasts a growth rate of approximately 7.2% for 2026, contingent on improving growth quality rather than relying solely on low-cost manufacturing.  
- Key areas for achieving higher value-added growth include improving the business environment, enhancing access to long-term financing, upgrading infrastructure, and developing a skilled workforce.

Việt Nam sustains growth with focus on productivity, energy transition: ADB

In Q1 2026, Vietnam's bank credit rose by 3.18% to VNĐ19.18 quadrillion (US$730 billion), aiding GDP growth of 7.83%. The State Bank of Vietnam (SBV) focused credit on key sectors like industry and agriculture, while maintaining low benchmark interest rates. Commercial banks agreed to reduce deposit rates, facilitating lower lending rates to support economic growth. The SBV aims for a 15% credit growth in 2026, with careful management of high-risk sectors. The foreign exchange market remains stable, with the SBV applying measures to ensure macroeconomic stability and inflation control.

Bank credit supports high GDP growth in Q1 2026

Interbank interest rates in Vietnam have remained high in early 2026 due to tightening liquidity, with overnight rates peaking at 17% in February before stabilizing around 9% in April. Credit growth outpaced deposit growth, leading to funding gaps, particularly in HCM City. The State Bank of Vietnam is using monetary tools to support liquidity, but exchange-rate pressures complicate management. Analysts predict that interbank rates will remain elevated, impacting banks' net interest margins and prompting a shift towards diversified income sources. A return to lower interest rates is unlikely in the near term.

CF VN 30 SC ETF SG

VietNam Holding Limited

CF VN 30 SC ETF US

Interbank rates remain elevated amid liquidity pressures

Vietnam's stocks will be included in FTSE Russell's secondary emerging markets grouping starting September, enhancing visibility for global investors and facilitating capital inflows. The transition will occur in multiple stages, concluding in 2027, with an estimated $6 billion in redirected inflows expected. This upgrade positions Vietnam alongside major regional markets like China and India. Recent reforms have improved market accessibility, leading to the country's elevation from frontier status. The final list of eligible firms will be announced before FTSE's semi-annual review in September.

Bloomberg

FTSE Confirms Vietnam’s Entry to Emerging Cohort in September

A new wave of IPOs is emerging among securities firms in Vietnam as they prepare for a market upgrade, despite existing structural weaknesses. The market upgrade, approved by FTSE Russell for October 2025, could attract up to $6 billion in foreign inflows. Companies like Bao Minh Securities and Kafi Securities are heavily reliant on proprietary trading rather than retail brokerage. In contrast, LPBank Securities and HD Securities are pursuing strategic capital raises and IPOs, leveraging their banking ecosystem for growth. The market remains sensitive to timing and cycles, impacting the success of these transactions.

Xtrackers FTSE VIETNAM SWAP UCITS ETF Capitalisation 1C(XFVT.UK)