Vietnam Stock Market Upgrade: Nasdaq Confirms It Is Ready to Accompany

(Chinhphu.vn) - 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.

Chairwoman of the State Securities Commission Vu Thi Chan Phuong and representatives of units at the working session - Photo: VGP

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 International Listing Department, Nasdaq, on the occasion of his working trip to Vietnam.

At the meeting, the Chairman of the State Securities Commission expressed his pleasure to meet Mr. Bob McCooey again after his 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 taking 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.

Informing you, 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 State Securities Commission issued a Regulation on coordination in reviewing registration dossiers for initial public offerings (IPOs) at the same time as registration dossiers for listing. This is an important step in reforming administrative procedures, contributing to improving the efficiency of capital mobilization and protecting the rights of investors in the stock market.

The Chairman of the State Securities Commission said that the State Securities Commission encourages qualified Vietnamese enterprises to list on international markets, especially on Nasdaq; in addition, the State Securities Commission is also interested in issuing depository receipts (DR) in the United States. Previously, in July 2025, the State Securities Commission, in collaboration with Nasdaq and partners in the ASEAN region, successfully organized a conference on IPOs and issuance of depository receipts (DR).

The State Securities Commission hopes that Nasdaq will 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.

Mr. Bob McCooey, Vice President and Head of International Listings, Nasdaq

Speaking at the meeting, Mr. Bob McCooey, Vice President and Director of International Listing Department, affirmed that Nasdaq is ready to cooperate and support the State Securities Commission in areas of interest to Vietnam; at the same time, he expects Vietnamese enterprises to be successful when expanding their operations to the international market.

Nasdaq representatives highly appreciated Vietnam's strong entrepreneurial spirit, saying that domestic listing combined with capital mobilization and overseas listing will contribute to promoting Vietnam's image in the international market.

"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 monitoring, based on the experience of cooperating with more than 130 exchanges worldwide," the Nasdaq representative emphasized.

Mr. Minh

 

Source: https://baochinhphu.vn/thi-truong-chung-khoan-viet-nam-nang-hang-nasdaq-khang-dinh-san-sang-dong-hanh-102251009140517371.htm