Hanoi (VNA), May 2 -- The elevation of the stock market to "emerging" status can help Vietnam attract an additional 10 billion USD in both direct and indirect investment, KB Vietnam Securities JSC ( KBSV ) reported, citing the World Bank (WB).

KBSV experts said if Vietnam is classified by FTSE Russell as a secondary emerging market, it may gain 0.7-1% in the FTSE Emerging Index, thus helping the Vietnamese stock market lure between 800 million USD and 1 billion USD in new investments from exchange-traded funds (ETFs).

Nearly 10 years after starting the stock market upgrade process, Vietnam is currently in the final stages of completing the remaining criteria to be upgraded to an emerging market. This will bring benefits in many aspects ...