The Vietnamese market also has a low correlation with other markets, making Việt Nam an appealing destination for investment diversification. This performance surpasses that of the FTSE Asia-Pacific (3.3 per cent), FTSE Emerging (3.9 per cent), FTSE China A (-3.5 per cent), and FTSE ASEAN Extended (-1.1 per cent). It is set to reduce the payment time, enhance investment efficiency and market liquidity, and progressively align the Vietnamese stock market with international standards. This objective has been incorporated in the "Restructuring the stock market and insurance market up to 2020 with an orientation to 2025" project, as well as in the draft "Stock market development strategy until 2030". Accordingly, Việt Nam aspires to elevate its domestic stock market status from a frontier to an emerging market by 2025.

Source: Viet Nam News September 07, 2023 15:27 UTC