Over the coming year, Vanguard plans to invest approximately $2.5 billion into Vietnam through our investment portfolios. This translates to around VND65 trillion, invested on behalf of millions of people worldwide, Head of Investment Management and Global Equity, Asia-Pacific at Vanguard Australia, Mr. Duncan Burns stated at the conference "Vietnam in the FTSE Russell Global Equity Index Series (FTSE GEIS)" held in Hanoi on September 18 evening.
Speaking about the market upgrade, Mr. Burns emphasized that this is a crucial and highly promising milestone in the continued development of Vietnam's capital market, while marking Vietnam's deeper integration into the international financial system.
Vanguard manages a significant portion of index assets tracking global emerging market equity benchmarks, giving the fund deep insights into how this group of indices operates.
Vanguard strongly supports and believes in the transparent methodologies developed by the FTSE Russell team. Vietnam has earned this position following years of reform and development.
Progress in market accessibility, transparency, and market infrastructure has increasingly turned Vietnam into a more favorable destination for investment.
This is particularly important because Vanguard is not made up of short-term traders.
Vanguard's index funds and ETFs are focused on long-term investment. Vanguard expects to hold its investments in Vietnam for decades, as long as Vietnam remains in the benchmark index.
Many of these investors may have never visited Vietnam, but through globally diversified portfolios, they will have the opportunity to participate in Vietnam's sustainable growth, said Mr. Burns.
He shared that he had spent a week in Vietnam, and what impressed him most during his time here was Vietnam's intense focus on the opportunities ahead.
With that in mind, Vietnam's inclusion in the index today is not the final destination, but rather the starting point for something much greater.
History shows that being included in major benchmark indices typically brings greater international market visibility, broadens investor participation, improves access to capital, and drives deeper integration into the global financial system.
Google translate