Hanoi (VNA), Sept. 28 -- Vietnam remains a secondary emerging market following the latest market re-classification by the British analytics and data solution provider FTSE Russell .

FTSE Russell had listed Vietnam in its watchlist for potential re-classification since September 2018. The latest result, made on late September 25, had been widely expected by local securities firms.

According to Bao Viet Securities Co (BVSC), in FTSE Russell's March re-classification, Vietnam met seven of nine criteria to upgrade it to the emerging markets status.

The two standards Vietnam did not satisfy were Settlement - Rare incidence of failed trades and Deliver-versus-payment (DvP) Settlement Cycle, which were marked "not available" and "restricted"....