Foreign investors buy Vietnam stocks ahead of FTSE upgrade
Foreign interest in Vietnamese stocks has picked up this week ahead of FTSE Russell’s Monday reclassification of Vietnam to secondary emerging market status, expected to boost inflows.
Foreign buying of Vietnamese stocks has increased this week ahead of the country’s expected Monday reclassification by FTSE Russell to secondary emerging market status, a move seen as likely to lift inflows. FTSE had previously estimated the upgrade could redirect as much as $6 billion in…