Vietnam to list first domestic ETF as it liberalises market

ETF marks first stage in moves to create domestic derivatives market


As part of the liberalisation of the Vietnamese financial sector, VietFund Management (VFM) is set to list Vietnam's first domestic exchange-traded fund (ETF) in September on the Ho Chi Minh City Stock Exchange, targeting foreign and local institutional investors, says Tran Thanh Tan, chief executive of VFM. The fund will track the VN30 Index, which comprises 30 stocks with the largest market capitalisation and liquidity listed on the exchange. It is calculated based on the free-float-adjuste

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