Vietnam's stock market is at a crucial turning point. According to Professor Hsieh Chen-Yan, the market could be included in the FTSE Emerging Markets Index this year, potentially igniting a wave of foreign investment.

As a frontier market, Vietnam has limits on foreign ownership, but should it be included in the index in September, it would officially become an emerging market, allowing more foreign investment.

Furthermore, Vietnam is actively expanding its infrastructure and is among the first countries in trade negotiations with the U.S. In May, after a long 15-month selling spree, foreign investment turned positive with a net purchase of $240 million, demonstrating strong market confidence.

Professor Hsieh notes that if Vietnam is indeed included in the FTSE index this September, it will signal a major market transition. He plans to invest in July and August, having already prepared his funds.

By the end of April this year, public investments in Vietnam reached 131 trillion VND, highlighting the government's commitment to maintaining growth amidst global uncertainties.