Vietnam’s Fund Management Industry: A Structural Shift to Expand Its Role as a Long-Term Capital Channel

Vietnam’s official upgrade to Secondary Emerging Market status by FTSE Russell is opening up new opportunities for the fund management industry to access international capital, while raising expectations for professional investment institutions.

At VFA 2026, the discussion on the fund management industry therefore went beyond AUM size to focus on how existing scale can be converted into more long-term, diversified, and sustainable capital – the conditions needed to develop the industry and expand its role as a key capital channel for the economy.

05 key messages shared by speakers at the event:

• Vietnam’s fund management industry has expanded significantly in scale, but its growth structure remains limited relative to the industry’s potential. The wide gap with the 2030 targets suggests that the next phase lies in improving the quality of growth and diversifying funding sources, products, and the investor base.

• FTSE Russell’s upgrade of Vietnam to Secondary Emerging Market status is creating greater roomfor international capital to flow into Vietnam through securities investment funds.

• Infrastructure, products, and the investor base need to be developed in a coordinated manner: infrastructure must be capable of supporting greater scale and broader distribution; products need to align with investor demand and the depth of underlying assets; and financial education, asset allocation advisory, and broader access channels are essential to building sustainable, long-term demand for fund products.

• Developing and expanding fund certificate distribution channels is the decisive factor for the industry’s AUM growth. The priority is not only to broaden distribution coverage, but also to standardize advisory capabilities and investment product distribution.

• Trust and transparency are increasingly becoming essential foundationsfor the fund industry to attract and retain both domestic and international capital.

👉 Read the full 5 Key Messages from VFA 2026 publication for speakers’ insights HERE

FiinGroup will explore these issues further in its upcoming publication on the opportunities for Vietnam’s fund management industry.

These messages point to a development path for the fund industry to expand its role as a long-term capital channel for the economy. With standardized market data, market analytics capabilities, bond reference pricing and independent assessment, FiinGroup helps standardize the market’s information infrastructure, enhance transparency and strengthen investor confidence, thereby building a solid foundation for Vietnam’s fund management industry.

👉Explore FiinGroup’s solutions for fund management companies HERE