Vietnam's IPO Window Is Opening: What the FTSE EM Upgrade Means for Capital Markets in 2026
Vietnam’s IPO Window Is Opening: What the FTSE EM Upgrade Means for Capital Markets in 2026. Vietnam is on the cusp of the most consequential capital-markets reset in its 25-year exchange history. The FTSE Russell reclassification to Secondary Emerging Market becomes effective on 21 September 2026, the KRX-powered trading platform is now live, Decree 245/2025 is rewriting the IPO rulebook, and a Central Counterparty (CCP) clearing model is on track for the first quarter of 2027. For issuers, advisers, and global brokers, this is the year to get IPO-ready.

Justin SmithManaging Director