Nasdaq is ready to cooperate after the Vietnamese stock market is upgraded

Lục Giang |

Nasdaq congratulated the Vietnamese stock market for being upgraded, affirming its readiness to accompany and support Vietnamese enterprises to expand internationally.

On the afternoon of October 8, 2025, at the headquarters of the State Securities Commission (SSC), Chairwoman of the SSC Vu Thi Chan Phuong had a meeting and working with Mr. Bob McCooey, Vice Chairman and Director of the International listeding Department, Nasdaq, on the occasion of his working trip to Vietnam.

At the meeting, the Chairman of the State Securities Commission expressed his pleasure at meeting Mr. Bob McCooey again after a working trip with Prime Minister Pham Minh Chinh in Nasdaq, where the two sides signed a cooperation agreement. The Chairman also emphasized the special significance when the meeting took place right at the time when the FTSE Russell Rating Organization officially announced the Vietnamese stock market upgrading from a frontier market to a secondary emerging market.

Chu tich UBCKNN Vu Thi Chan Phuong (ao xanh) tai buoi lam viec. Anh: UBCKNN
Chairwoman of the State Securities Commission Vu Thi Chan Phuong (in blue shirt) at the meeting. Photo: UBCKNN

The Chairman of the State Securities Commission said that Vietnam has been actively perfecting the legal framework and conducting many reforms in mechanisms to develop the stock market. Recently, the State Securities Commission issued a Regulation on coordination in reviewing the dossier for registration for initial public offering of shares (IPO) at the same time as the registration and listing dossier. This is an important step forward in reforming administrative procedures, contributing to improving the efficiency of capital mobilization and protecting the rights of investors in the stock market.

The SPP encourages Vietnamese enterprises to qualify to participate in listing on the international market, especially in Nasdaq; in addition, the SPP is also interested in issuing depositorious certificates (DR) in the United States. Previously, in July 2025, the State Securities Commission coordinated with Nasdaq and ASEAN partners to successfully organize a conference on IPO and issue a depository certificate (DR).

The State Securities Commission hopes that Nasdaq will continue to closely coordinate, create favorable conditions for Vietnamese enterprises, support the dissemination of information and propaganda so that enterprises can access and take advantage of the opportunity to issue deposit certificates in the international market.

Ong Bob McCooey (thu 2 tu trai qua), Pho Chu tich kiem Giam doc Bo phan Niem yet Quoc te, Nasdaq phat bieu tai buoi lam viec. Anh: UBCKNN
Mr. Bob McCooey (2nd from left), Vice Chairman and Director of the International Listing Department, Nasdaq, spoke at the meeting, representing Nasdaq congratulated the Vietnamese stock market on being upgraded. Photo: UBCKNN

Speaking at the meeting, Mr. Bob McCooey, Vice Chairman and Director of the International listeding Department, congratulated the Vietnamese stock market for being officially upgraded according to the announcement of FTSE Russell and affirmed that Nasdaq is ready to cooperate and support foreign investors in areas that Vietnam is interested in; at the same time, he hopes that Vietnamese enterprises will succeed in expanding their operations to international markets.

He highly appreciated Vietnam's strong entrepreneurial spirit, saying that domestic listing combined with capital mobilization and overseas listing will contribute to promoting the image of Vietnam in the international market.

Mr. Bob McCooey emphasized that Vietnam is a dynamically growing economy and has great potential in attracting US and global investors. Nasdaq wishes to become a bridge, accompanying VBSP and Vietnamese enterprises, not only in listeding and capital mobilization activities, but also in the field of technology and transaction supervision, based on cooperation experience with more than 130 transaction offices worldwide.

Lục Giang
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