For investors, a market being upgraded is not simply a story of group changes in the classification table of MSCI or FTSE Russell, but reflects an ecosystem that has approached universal standards: More transparent, fairer, more accessible and better able to protect investors rights.
Therefore, the story of upgrading the Vietnamese stock market is an opportunity for the Ministry of Finance, the State Bank to relevant ministries, branches and the legislative system to demonstrate their inter-sectoral management capacity.
Moreover, it is a testament to the ability to reorganize processes, policies and management tools to comply with international rules of the game - an increasingly important skill in the period of deep integration.
Vietnam's proactive review of legal regulations, urgent updating of technology infrastructure, promoting dialogue with rating agencies and the foreign investment community shows that we are approaching the problem not only with openness, but also with capacity to implement.
These results, if continued to be maintained and expanded, will create a positive precedent. When the goals are clearly established, the political determination is strong enough and the coordination is tight enough, Vietnam can completely overcome seemingly difficult barriers.
Finally, lessons from this promotion process can spread to many other fields. Vietnam is in need of many such "upgrades" in economic sectors other than securities, from insurance, real estate, logistics to high-tech agriculture or innovation.
Once there is an effective reform formula, it can be completely applied to other fields to improve the investment environment, competitiveness and national position.
If the Vietnamese stock market is upgraded in September 2025, it will not only be the result of the financial industry, but also a signal affirming that a Vietnam is seriously raising standards, not only to achieve points, but to fundamentally change the way we think and operate the market.
This promises to open a new cycle of quality growth, attract long-term capital flows, promote business innovation, and affirm the transparent and standard operating capacity of the Vietnamese Government in the eyes of the international investment community.
