The newly set indexes, plus the possibility of the market upgrading, have led observers to believe that ETF will attract foreign capital.

The Vietnamese stock market has been growing rapidly with market capitalization value exceeding 100 percent of GDP.

Some active funds are pouring money into the Vietnam’s stock market in anticipation of the market upgrading and are planning to withdraw the money to make a profit when the upgrading is announced.

If Vietnam’s proportion in MSCI market increases by 3 percent, the stock market can expect to receive VND1.5 trillion more worth of capital, analysts say.

VietNamNet Bridge - Many foreign investment funds with assets of hundreds of million of dollars are eyeing Vietnam for disbursement plans in 2019.

VietNamNet Bridge - Thanks to foreign investment capital, many unknown securities companies have become rivals in the market.

VietNamNet Bridge - Analysts believe that the upgrading of the Vietnam’s stock market from frontier to secondary emerging will occur in 2019, or at the latest in 2020.

VietNamNet Bridge - If everything goes smoothly, the Vietnam stock market may be upgraded to an emerging market by 2020.

The VN Index has been increasing sharply since the beginning of the year with capital flowing to finance and banking, real estate, and shares with a high capitalization value.

VietNamNet Bridge - Vietnam Airlines, Vietjet, Petrolimex, VP Bank and Vincom Real were the five ‘blockbusters’ that significantly increased the capitalization of the stock market.

Vietnam is working with MSCI (Morgan Stanley Capital International) on the Vietnamese stock market upgrading. 

VietNamNet Bridge - Vietnam’s securities will attract capital flow from international financiers once its stock market is upgraded from frontier to emerging, experts say.

The box office revenues in Vietnam increased from $7 million in 2008 to $43 million in 2012. With the increase of 514 percent in four years, Hollywood Reporter ranked Vietnam as one of the 13 “hottest” growing cinema markets in the world.