Business & Economy
Vietnam is finally a FTSE emerging market—yet it’s the country’s banks, not its exporters, that’ll benefit most
Vietnam’s long-awaited upgrade to emerging market status is an “important milestone” for the country, experts say, yet they also warn that the inflow of foreign money will go toward companies that bear little resemblance to the country’s…
AI Summary
Vietnam’s upgrade to FTSE emerging‑market status is being hailed as an important milestone, but experts caution that foreign capital is likely to target the country’s banks rather than its export‑manufacturing firms. The mismatch suggests that the benefits of the new classification may accrue more to the financial sector than to traditional exporters.
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