Stock market expected to be upgraded to emerging by 2020VietNamNet Bridge - If everything goes smoothly, the Vietnam stock market may be upgraded to an emerging market by 2020. According to SSI, there are five stocks which can satisfy all the requirements set by MSCI and they may be added into the Emerging Markets Indexes if Vietnam’s stock market is upgraded. Vietnam has satisfied quantitative conditions related to market scale and trading scale to be eligible for the upgrading. By the end of the first quarter of 2018, Vietnam’s P/E had caught up with the P/E of the US stock market, and was higher than the P/E in Thailand, China and Malaysia. US$1=VND22,000RELATED NEWSStock market thrives, expectations soar for “emerging market” statusWill Vietnam become an emerging market in three years?

Source: VietNamNet News April 24, 2018 05:26 UTC