FTSE Review Looms for Vietnam Stocks as Foreign Outflows Persist

Investors are looking to FTSE Russell’s final decision on upgrading Vietnamese equities to emerging-market status to stem record levels of foreign selling.

The index provider, which in October raised Vietnam to secondary emerging market status from frontier, is set to unveil results of its interim review for the Southeast Asian country’s shares on April 7. FTSE is set to outline an implementation roadmap for the upgrade if all criteria are satisfied, with reclassification taking effect in September.