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VN

Vietnam フロンティア市場

Southeast Asia · Hanoi · VND (Vietnamese Đồng)

GDP
$476.30B
名目, USD
GDP成長率
7.1%
実質, 年率
インフレ率
3.6%
年率
時価総額
$349.00B
上場総額, USD

経済・産業概況

Vietnam is a socialist-oriented market economy in Southeast Asia that has sustained average real GDP growth of approximately 6–8% per year over recent decades, driven by export-oriented manufacturing, electronics, textiles, footwear, and agriculture. The country has emerged as a major global manufacturing hub, particularly benefiting from supply-chain diversification away from China, attracting significant foreign direct investment. Key export partners include the United States, China, the European Union, South Korea, and Japan, with electronics and machinery comprising the largest share of exports. Vietnam's stock market is classified as a frontier/emerging market, with the Ho Chi Minh Stock Exchange (HOSE) as the primary exchange, dominated by the finance, real estate, and consumer staples sectors. The government continues to pursue Doi Moi-era reform policies, and the country is actively seeking an upgrade to emerging-market status from index providers such as FTSE Russell.

主要セクター

Banking & Financial ServicesReal EstateElectronics & TechnologyConsumer Staples & FoodEnergy & UtilitiesSteel & MaterialsTextiles & ApparelRetailTransportationAgriculture & Seafood
📘 Vietnamのすべてを知る →

マクロ

GDP 名目, USD$476.30B
GDP成長率 実質, 年率7.1%
インフレ率 年率3.6%
人口 98.5M
一人当たりGDP USD$4,700
時価総額 上場総額, USD$349.00B
時価総額/GDP73.3%
失業率2.2%
上場企業数400
取引所Ho Chi Minh Stock Exchange (HOSE)

データ年度: 2024. 出典: National Statistics Office of Vietnam (GSO), World Bank, IMF World Economic Outlook (April 2026), CEIC Data, Macrotrends, FocusEconomics, Trading Economics, Ho Chi Minh Stock Exchange (HOSE), Wikipedia – Economy of Vietnam, VanEck, SimplyWall St.

主要上場企業

現地主要取引所における時価総額上位企業。

# 企業 セクター 時価総額USD 米国上場

米国上場ETF

この市場へのエクスポージャーを持つ米国上場ファンド — 多くの米国投資家にとって最もシンプルなアクセス手段です。

ティッカー ETF 運用会社 対象範囲 経費率年率% エクスポージャーファンドの%

現地取引所とアクセス方法

取引所Ho Chi Minh Stock Exchange
コードHOSE
ウェブサイトwww.hsx.vn
通貨VND

現地ブローカーアクセス

Foreign investors must open a securities trading account and a foreign indirect investment (FII) capital account at a licensed custodian bank in Vietnam. Direct brokerage access is available through local brokers such as SSI Securities, VNDirect, and HSC (Ho Chi Minh City Securities). International investors can also gain exposure via the US-listed VanEck Vietnam ETF (VNM). Foreign ownership limits (FOL) apply to most listed equities, typically capped at 49% of charter capital, though some companies have voted to raise or remove the cap. Pre-funding requirements for foreign investors have been progressively relaxed as Vietnam pursues an emerging-market index upgrade.

海外市場対応のグローバルブローカー

参考情報として掲載しており、推奨ではありません。対応市場、手数料、口座開設条件はブローカーや居住国によって異なります。

移住・居住権

投資ビザ・居住権プログラム

付与内容 No formal investment-migration programme

Vietnam does not operate a formal golden visa or citizenship/residency-by-investment programme equivalent to those found in the EU or Caribbean. Foreigners may obtain long-term visas (up to 5 years) tied to investment or business activities, and a temporary residence card (TRC) may be issued to foreign investors who hold a valid investment certificate. There is no standardised minimum investment threshold that automatically confers permanent residency or citizenship.

申請のサポートが必要な場合は、投資移住専門のアドバイザー(例: Henley & Partners.

外国人投資家のアクセス

Foreign nationals can obtain temporary residence cards (TRC) valid for 1–5 years linked to business registration or investment. Full permanent residency and citizenship pathways for foreigners are highly restricted under Vietnamese law. Foreign ownership of real estate is limited (50-year leasehold) and foreign ownership in listed companies is capped at 49% in most sectors (with some exceptions). Income tax for residents is progressive up to 35%; non-residents pay a flat 20% on Vietnam-sourced income.

米国上場ADR・クロスリスティング

米国でも株式が取引されている当該国の企業 — 通常の米国証券口座で投資可能です。

企業米国ティッカー現地ティッカー備考
No major Vietnamese company maintains a formal US ADR programme as of the data year. Foreign investors access Vietnamese equities primarily through local brokerage accounts or via the VNM ETF.Vietnam has strict foreign ownership limits and capital account controls that have historically limited cross-listing activity. VinFast Auto Ltd (VFS) is listed on the Nasdaq via a SPAC merger and represents the most prominent US-listed vehicle with Vietnamese operational exposure, though it is incorporated in Singapore.
VinFast Auto LtdVFSN/A (incorporated in Singapore, listed on Nasdaq)VinFast is Vietnam's first domestic electric vehicle manufacturer and a subsidiary of Vingroup. It completed a US Nasdaq listing via SPAC merger in August 2023. The holding company is incorporated in Singapore, not Vietnam, so it does not constitute a traditional ADR but provides US investors with direct operational exposure to a major Vietnamese industrial enterprise.
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