September 21 Upgrade: A Turning Point for Vietnam’s Stock Market

Starting September 21, 2026, the Vietnamese stock market officially enters the secondary emerging market group according to FTSE Russell’s classification. This milestone opens up additional avenues for international capital access for eligible stocks while placing corporate quality at the center of the long-term growth narrative.

The market’s appeal was demonstrated at a conference in Hanoi on September 18. According to Reuters, a Vanguard representative stated that the organization plans to invest approximately $2.5 billion in Vietnam in the coming years.

The event attracted about 200 delegates, including representatives from major international investment funds.

Photo: State Securities Commission

The plan demonstrates the prospect of expanding the presence of institutional capital flows following the upgrade.

According to FTSE Russell, eligible Vietnamese stocks will be added to the FTSE GEIS index system and related indices in four phases, from September 2026 to September 2027, with investable weight proportions added at 10%, 20%, 35%, and 35%, respectively. This phased roadmap provides time for funds to adjust their portfolios and for the market to absorb the capital flows.

On the trading floor, positive signals have also emerged. Reuters recorded that foreign investors net bought approximately $104 million on the HoSE during the week of September 14–18. Although still net sellers year-to-date, these developments ahead of the upgrade reflect foreign investors’ interest in the Vietnamese market.

Opportunities from the upgrade will come to individual businesses in different ways. Alongside requirements for scale, liquidity, and foreign ownership, profit prospects, management quality, and capital efficiency are key factors helping businesses attract investor interest.

Within the framework of the conference, Minister Ngo Van Tuan performed the gong-striking ceremony, marking the milestone of Vietnam being upgraded to a secondary emerging market.

Photo: State Securities Commission

Within the framework of the conference, Minister Ngo Van Tuan performed the gong-striking ceremony, marking the milestone of Vietnam being upgraded to a secondary emerging market. Photo: State Securities Commission

In real estate, this story begins with the project. Clear legal status, specific progress, and products that meet market demand are the basis for forming valuable assets, aiming for sustainable revenue and business efficiency.

In this context, QP Holdings (HKT) is a reputable and professional real estate developer in Vietnam, affirming its position across three core areas: Residential Real Estate, Industrial Real Estate, and Financial Investment. Among them, residential real estate plays a strategic pillar role, guiding long-term development orientation.

At QP Green Park, this orientation is demonstrated through concrete implementation steps. The project, scaled at approximately 13.78 hectares, has been granted 1/500 master plan approval under Decision 1282/QĐ-UBND dated July 2, 2021, and is currently under implementation. According to QP Holdings, in December 2024, the traffic connection item linking to DT.742 was completed, inspected, and put into use.

From approved planning to completed connecting infrastructure, QP Green Park affirms QP Holdings’ implementation capacity through concrete results. Development progress and the ability to bring products into business will be the foundation for realizing the project’s potential.

Placing “Reputation and Quality” as the foundation for development, QP Holdings remains steadfast in its mission to create value, accompanying the long-term and sustainable prosperity of its customers, partners, and shareholders.