Morgan Stanley Capital International includes 3 Vietnamese stocks in Frontier Markets Index
Morgan Stanley Capital International (MSCI), a leading global provider of research-based indexes and analytics, has added three Vietnamese stocks to MSCI Frontier Markets Index.
An investor watches stock indices on an e-board. Vietnam currently holds the largest market share in the MSCI Frontier Markets Index. (Photo: VNA)
Hanoi (VNS/VNA) - Morgan Stanley Capital International (MSCI), aleading global provider of research-based indexes and analytics, has addedthree Vietnamese stocks to MSCI Frontier Markets Index.
They are FPT Securities Joint Stock Company (FTS), Nam Kim Group (NKG) and SongDa Urban & Industrial Zone Investment and Development (SJS).
MSCI has recently announced the list for its February review, which includesthe most important index set for the MSCI Frontier Markets Index.
Besides the addition of three Vietnamese stocks, the MSCI Frontier MarketsIndex has also added three Pakistani stocks, one Slovenian stock, one Moroccanstock and one Romanian stock. Conversely, the index removes nine Nigerianstocks and two Omani stocks. After this restructuring, the number of stocks inthe MSCI Frontier Markets Index will decrease to 209.
Vietnam currently holds the largest market share in the MSCI Frontier MarketsIndex. As of January 31, 2024, Vietnam's market share in the MSCI FrontierMarkets Index was 27.12%, followed by Romania (11.5%), Morocco (10%) andothers. Many large funds, hundreds of millions of US dollars in size, allocateinvestments to frontier markets (including Vietnam) based on the MSCI FrontierMarkets Index.
The top 10 largest stocks in the MSCI Frontier Markets Index as of January 31include two Vietnamese stocks, Hoà Phát Group (HPG) (with a weight of 2.84%)and Vinhomes (VHM) (2.27%).
On the other hand, for the less prominent index set, the MSCI Frontier MarketsSmallcaps Indexes, five Vietnamese stocks have been added, includingPetroVietnam Gas JSC (GAS), Hoa An JSC (DHA), Nafoods Group Joint Stock Company(NAF), Van Phat Hung Corporation (VPH), and Vietnam Tanker Joint Stock Company(VTO). Conversely, the index removes Nam Kim Group (NKG), Song Da Urban &Industrial Zone Investment and Development (SJS) and Vietnam Power DevelopmentJoint Stock Company (VPD), in which NKG and SJS were removed to be added to theMSCI Frontier Markets Index.
Vietnam currently holds the largest market share in the MSCI Frontier MarketsSmallcaps Indexes, with a weight of 31.47%. However, there are no notable fundscurrently investing in frontier markets based on this index set.
The changes to the above index sets will take effect from February 29, 2024.The next restructuring will occur on May 14, 2024./.
Investors of the Republic of Korea (RoK) were net buyers of stocks in Vietnam, at 9.1 million USD, in the first 11 days of August, over four times higher than the net buying of 2.12 million USD in July, according to the Korea Securities Depository (KSD).
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.