The event brought together delegates from the Government , global financial institutions, the technology community and startups in the blockchain field in Vietnam and internationally - Photo: NH
Vietnam Blockchain Day 2025 took place on the morning of August 29 at the Da Nang City Administrative Center and attracted special attention from the international financial community.
This large-scale event is chaired by the People's Committee of Da Nang City, in coordination with the Central Strategic Policy Committee, SSI Digital Technology Joint Stock Company (SSID) and the Vietnam Blockchain Association.
Notably, the conference was attended by Ms. Wanming Du, policy director of FTSE Russell - a global stock market rating and rating organization. Vietnam is currently expected to be upgraded by FTSE Russell in the review in October this year.
Vietnam stock market classification results to be announced soon
In her speech, Ms. Wanming Du recalled that FTSE Russell had just had a "constructive" meeting in Hanoi with the State Bank of Vietnam (SBV) and the State Securities Commission (SSC).
She also noted that many investors are looking forward to FTSE Russell’s first annual country presentation on Vietnam, scheduled for October 7, a key part of the market classification review process.
"The program has received a lot of attention, and I want to emphasize that FTSE Russell understands the importance of this for Vietnam as well as investors. We will take this seriously," Ms. Wanming Du shared.
Ms Wanming Du, director of policy at FTSE Russell
FTSE Russell would like to thank the SSC, the Ministry of Finance, the State Bank, the exchanges and all market participants for their continuous efforts to make the Vietnamese market more open and accessible to global investors.
Ms. Wanming Du described Vietnam as being in the midst of a "Doi Moi 2.0" phase - not simply economic reform as in the early opening period, but a comprehensive upgrade of the financial, legal and technological systems to welcome international capital flows.
Among them, Da Nang was mentioned by Ms. Wanming Du as a symbolic image for this innovation: from a traditional seaport to a modern city, and in the near future, a financial gateway connecting the region.
Using her economic development journey as evidence, Wanming Du analyzed: "In 2007, Vietnam mainly exported agricultural products. Then textiles, then smartphones and computers. And now, Vietnam is moving towards semiconductors and AI data centers. It is an inspiring story."
Capital Markets: Impressive Success but Challenges Remain
The representative of FTSE Russell also mentioned that the explosion of Vietnam's capital market is also a clear proof of the transformation process. From a few listed companies in 2000, the market now has more than 1,600 companies; the average daily trading value reaches about 1.3 billion USD, making Vietnam one of the most liquid markets in the region.
In addition, a number of large-scale IPOs this year were assessed by FTSE Russell as a boost to confidence in the long-term outlook.
However, Ms. Wanming Du noted a key challenge: more than 90% of transactions currently come from domestic individual investors, mainly in the short term.
Meanwhile, to build a sustainable foundation, Vietnam needs to attract more institutional investors, pension funds, and insurance - long-term and stable forces.
“We don’t just evaluate markets, we help shape them. Vietnam is growing rapidly with traditional reforms, digital innovation and sustainable finance,” said Ms. Du, who said Vietnam is now one of the most exciting investment destinations in the world.
With tens of trillions of dollars in total assets referenced in its indexes, FTSE Russell also emphasizes its particularly large influence on the capital allocation decisions of global institutions. Therefore, every move from this organization is closely monitored by international investors.
At the end of her speech, Ms. Wanming Du compared Da Nang to a "symbol of connectivity": from a traditional trading port to a modern center and in the future, an international financial gateway.
"If Doi Moi 1.0 opened Vietnam to the world, Doi Moi 2.0 will ensure that global capital flows into Vietnam," Ms. Du commented.
Source: https://tuoitre.vn/ftse-russell-viet-nam-hien-la-mot-trong-nhung-diem-den-dau-tu-thu-vi-nhat-the-gioi-20250829120854781.htm
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