London, Oct. 9 -- Vietnam's first-ever inclusion by FTSE Russell in the list of Secondary Emerging Markets, alongside China, India, Indonesia, and the Philippines, represents a historic turning point and a new phase in the development of its stock market, according to Associate Professor Dr Ho Quoc Tuan from the University of Bristol (UK).

In an interview with the Vietnam News Agency in the UK, Tuan underlined the significance of FTSE's recognition that Vietnam has "fully met the criteria for Secondary Emerging Market status under its equity market classification framework."

He quoted David Sol, Global Head of Policy and Governance at FTSE Russell, as saying that the upgrade reflects Vietnam's strong commitment to implementing essential...