HCM CITY — The launch of the KRX system by the end of this year is expected to significantly increase capital flows to the stock market, experts said. The KRX system is expected to introduce new products, trading, and payment solutions to the Vietnamese stock market, including T+0 settlement, short selling, and option contracts. The upgrade to emerging market status is expected to attract significant capital inflows to the market. The upgrade to emerging market status will also lead to institutional reforms, market improvements, and the development of businesses and financial markets, he added. FTSE Russell’s September 2023 ranking report placed Việt Nam on a watch list for possible reclassification to secondary emerging market status.

Source: Viet Nam News November 11, 2023 13:34 UTC