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Attention This is an unofficial translation of the press release announced on November 21, 2023 by Daiwa Securities Group Inc. The original press release is in.
Vietnam, now classified as a “frontier market” by both the U.S.’s Morgan Stanley Capital International (MSCI) and the UK’s FTSE Russell, needs to meet the higher standards of these organizations to get its status elevated to an “emerging market”, writes Can Van Luc, chief economist at Hanoi-based BIDV bank.