Vietnam stock market classification- Issues raised in the near future

Abstract

 Market classification is method of arranging a stock market into a suitable group which is based on basic criteria such as the level of economics development, political stability, scale and liquidity of market as well as performance and capital flow of the market. The purposes of market research and classification market are realizing the current positions of the markets to help them upgrade in a higher market classification, attracting foreign capital, enhancing market liquidity and improving economy in the future. Up to now, MSCI, FTSE and S&P have ranked Vietnam at frontier market. However, in Vietnam stock market, some important criteria have been significantly improved recently, beside others needs to upgrade. This paper is going to insightful analyzed these current situations to find out the issues which are needed to be focused to improvement in near future to enhance Vietnam stock market classification.