This is one of the key policy directions set out in Resolution No. 10-NQ/TW on the development of the foreign-invested economy, issued and effective on June 8, 2026.

According to Section III.6 of the Resolution, The Political Bureau requires developing the medium- and long-term capital market in a transparent, modern, safe and sustainable direction, reducing reliance on short-term credit markets; comprehensively completing institutions for developing the securities market, bond market and intermediary institutions.

At the same time, it calls for urgently building and putting into operation international and regional financial centers; accelerating the roadmap for upgrading the securities market to MSCI emerging market status on the basis…