Nasdaq leaders congratulate Vietnamese stocks on upgrading, opening the way for billion-dollar capital flows

Chairwoman of the State Securities Commission Vu Thi Chan Phuong recently had a meeting and worked with Mr. Bob McCooey - Vice President and Director of the International Listing Department (Nasdaq), right after Vietnamese securities were upgraded to an emerging market.

Mr. Bob McCooey (2nd from left) - Vice President and Director of International Listing Department (Nasdaq) - Photo: SSC

In the information released this afternoon, October 9, the State Securities Commission said that it had just had a working session in Hanoi with Mr. Bob McCooey - Vice President and Director of the International Listing Department of Nasdaq, USA.

Through the event, Mr. Bob McCooey congratulated the Vietnamese stock market on being officially upgraded as announced by FTSE Russell, affirming that Nasdaq is ready to cooperate and support the State Securities Commission in areas of interest to Vietnam.

Expressing his hope that Vietnamese enterprises will be successful in expanding their operations to international markets, he highly appreciated Vietnam's strong entrepreneurial spirit, saying that domestic listing combined with capital mobilization and listing abroad will contribute to promoting Vietnam's image in the international market.

Mr. Bob McCooey emphasized that Vietnam is a dynamically growing economy with great potential to attract US and global investors.

Nasdaq wishes to become a bridge, accompanying the State Securities Commission and Vietnamese enterprises, not only in listing and capital mobilization activities, but also in the field of technology and transaction supervision, based on experience in cooperation with more than 130 exchanges worldwide .

Vietnam actively improves the legal framework and reforms mechanisms to develop the stock market.

Chairwoman of the State Securities Commission Vu Thi Chan Phuong (center) said she always encourages capable Vietnamese enterprises to list on the Nasdaq stock exchange - Photo: SSC

At the meeting, Ms. Vu Thi Chan Phuong - State Securities Commission - expressed her joy at meeting Mr. Bob McCooey again, after a working trip with Prime Minister Pham Minh Chinh at Nasdaq, where the two sides signed a letter of intent on cooperation.

The Chairman also emphasized the special significance of the meeting, which took place at the time when the FTSE Russell Ratings Organization officially announced that the Vietnamese stock market was upgraded from a frontier market to a secondary emerging market.

The Chairman of the State Securities Commission said that Vietnam has been actively perfecting the legal framework and carrying out many reforms in mechanisms to develop the stock market.

Recently, the committee issued regulations to coordinate the review of initial public offering (IPO) registration dossiers along with listing registration dossiers. This is an important step in administrative procedure reform, contributing to improving the efficiency of capital mobilization and protecting investors' rights in the stock market.

Ms. Vu Thi Chan Phuong affirmed that the committee always encourages qualified Vietnamese enterprises to participate in listing on international markets, especially on Nasdaq, and is interested in issuing depository receipts (DRs) in the US.

Previously, in July 2025, the committee coordinated with Nasdaq and partners in the ASEAN region to successfully organize a conference on IPO and issuance of depository receipts (DR).

The State Securities Commission expressed its hope that Nasdaq would continue to closely coordinate, create favorable conditions for Vietnamese enterprises, support information dissemination and propaganda so that enterprises can access and take advantage of opportunities to issue depository certificates in the international market.

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Source: https://tuoitre.vn/lanh-dao-san-nasdaq-chuc-mung-chung-khoan-viet-nang-hang-lam-cau-noi-mo-duong-cho-dong-von-ti-do-20251009134858085.htm