Vietnam Пограничные
Southeast Asia · Hanoi · VND (Vietnamese Đồng)
Обзор экономики и отраслей
Vietnam is a socialist-oriented market economy in Southeast Asia with a nominal GDP of approximately USD 476 billion in 2024, driven by robust export-oriented manufacturing, electronics, textiles, and footwear sectors. The country recorded real GDP growth of 7.09% in 2024, maintaining its position as one of Southeast Asia's fastest-growing economies. Key industries include electronics assembly (led by foreign multinationals such as Samsung and Intel), steel, food processing, real estate, banking, and agriculture. Vietnam is a major global exporter of electronics, garments, seafood, coffee, and rice, with the United States and China as its top trading partners. The Ho Chi Minh Stock Exchange (HoSE) serves as the primary equity market, with over 390 listed companies and a total market capitalisation of approximately USD 200 billion at end-2024.
Ключевые секторы
Всё о стране Vietnam →Макро
| ВВП номинальный, USD | $476.30B |
| Рост ВВП реальный, годовой | 7.1% |
| Инфляция годовая | 3.6% |
| Население человек | 98.5M |
| ВВП на душу населения USD | $4,700 |
| Рыночная капитализация всего на бирже, USD | $200.00B |
| Рыночная капитализация / ВВП | 42.0% |
| Безработица | 1.6% |
| Листингованные компании | 393 |
| Биржа | Ho Chi Minh Stock Exchange (HoSE) |
Год данных: 2024. Источники: Vietnam National Statistics Office (GSO/NSO), CEIC Data, FocusEconomics, IMF World Economic Outlook (April 2026), Wikipedia – Economy of Vietnam, Vietnam Briefing, The Investor (Vietnam), Ho Chi Minh Stock Exchange (HoSE), Macrotrends, FTSE Russell – FTSE Vietnam Index Series.
Последние новости
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Другие рынки Southeast Asia
Indonesia
Thailand
Malaysia
PhilippinesКрупнейшие листингованные компании
Крупнейшие компании на основной местной бирже по рыночной капитализации.
| # | Компания | Сектор | Рыночная капитализацияUSD | Листинг в США |
|---|---|---|---|---|
| 1 | Vietcombank (Joint Stock Commercial Bank for Foreign Trade of Vietnam)VCB · HoSE | Banking & Financial Services | $18.00B | — |
| 2 | Vinhomes JSCVHM · HoSE | Real Estate | $11.50B | — |
| 3 | Vingroup JSCVIC · HoSE | Diversified Conglomerate | $10.00B | — |
| 4 | FPT CorporationFPT · HoSE | Technology & Telecommunications | $8.50B | — |
| 5 | BIDV (Bank for Investment and Development of Vietnam)BID · HoSE | Banking & Financial Services | $8.00B | — |
| 6 | VietinBank (Vietnam Joint Stock Commercial Bank for Industry and Trade)CTG · HoSE | Banking & Financial Services | $7.20B | — |
| 7 | Techcombank (Vietnam Technological and Commercial Joint Stock Bank)TCB · HoSE | Banking & Financial Services | $6.50B | — |
| 8 | MB Bank (Military Commercial Joint Stock Bank)MBB · HoSE | Banking & Financial Services | $5.80B | — |
| 9 | Masan Group CorporationMSN · HoSE | Consumer Staples & Retail | $5.20B | — |
| 10 | Hoa Phat GroupHPG · HoSE | Steel & Industrials | $4.80B | — |
| 11 | VPBank (Vietnam Prosperity Joint Stock Commercial Bank)VPB · HoSE | Banking & Financial Services | $4.50B | — |
| 12 | Vinamilk (Vietnam Dairy Products JSC)VNM · HoSE | Consumer Staples | $4.20B | — |
| 13 | ACB (Asia Commercial Bank)ACB · HoSE | Banking & Financial Services | $3.80B | — |
| 14 | Sacombank (Sai Gon Thuong Tin Commercial Joint Stock Bank)STB · HoSE | Banking & Financial Services | $2.60B | — |
| 15 | SSI Securities CorporationSSI · HoSE | Financial Services – Securities | $1.80B | — |
| 16 | Vietjet Aviation JSCVJC · HoSE | Aviation & Transportation | $1.70B | — |
| 17 | PV Gas (PetroVietnam Gas JSC)GAS · HoSE | Oil & Gas – Utilities | $4.60B | — |
| 18 | PetroVietnam Power Corporation (PV Power)POW · HoSE | Utilities – Power Generation | $1.20B | — |
| 19 | Mobile World Investment Corporation (Thế Giới Di Động)MWG · HoSE | Consumer Retail – Electronics | $1.90B | — |
| 20 | Vincom Retail JSCVRE · HoSE | Real Estate – Retail | $2.30B | — |
| 21 | Novaland GroupNVL · HoSE | Real Estate | $1.50B | — |
| 22 | Khang Dien House Trading and Investment JSCKDH · HoSE | Real Estate | $900.00M | — |
| 23 | Masan Consumer HoldingsMCH · HoSE | Consumer Staples – Food & Beverage | $3.10B | — |
| 24 | Vietnam Airlines JSCHVN · HoSE | Aviation & Transportation | $1.10B | — |
| 25 | Phu Nhuan Jewelry JSC (PNJ)PNJ · HoSE | Consumer Discretionary – Jewelry | $900.00M | — |
ETF на рынках США
Фонды, зарегистрированные в США и обеспечивающие доступ к этому рынку, наиболее простой маршрут для многих американских инвесторов.
| ETF | Охват | Коэффициент расходов% годовых | Экспозиция% фонда |
|---|---|---|---|
| VNMVanEck Vietnam ETF · VanEck | Одна страна | 0.59% | 80% |
| XVTMXtrackers MSCI Vietnam Swap UCITS ETF · DWS (Xtrackers) | Одна страна UCITS | 0.85% | 90% |
| EMFMGlobal X Next Emerging & Frontier ETF · Global X | Широкий EM | 0.56% | 6% |
| FMiShares MSCI Frontier and Select EM ETF · BlackRock (iShares) | Широкий EM | 0.79% | 8% |
| FMQQFMQQ The Next Frontier Internet ETF · FMQQ Index | Региональный | 0.86% | 5% |
Местная биржа и доступ
| Биржа | Ho Chi Minh Stock Exchange |
| Код | HoSE |
| Сайт | www.hsx.vn |
| Валюта | VND |
Доступ через местных брокеров
Foreign investors may access Vietnamese equities through licensed local brokers such as SSI Securities, VNDirect, VNDIRECT, Mirae Asset Securities Vietnam, and Yuanta Securities Vietnam. Foreign ownership limits (FOL) apply: generally 49% for most sectors, 30% for banks, and sector-specific caps for certain industries. There are no US-based brokers offering direct Vietnamese stock trading; foreign access is primarily via local brokerage accounts or through US-listed ETFs. KYC/AML documentation and a Vietnamese securities trading account (through a licensed custodian) are required for direct market participation.
Глобальные брокеры с доступом к иностранным рынкам
- Interactive Brokers — Direct access to 90+ markets worldwide, including many emerging exchanges.
- Saxo Bank — Multi-market access across Asia, Europe and the Middle East.
- Charles Schwab (Global) — Foreign ordinary shares on select markets; US-listed ADRs and ETFs.
- Fidelity International Trading — International stock trading on a number of developed and emerging markets.
Приведено исключительно для справки, не является рекомендацией. Доступные рынки, комиссии и условия обслуживания различаются у разных брокеров и зависят от страны вашего проживания.
Переезд и вид на жительство
Инвестиционная виза / программа вида на жительство
Гранты No formal investment-migration programme
Vietnam does not operate a formal golden visa or citizenship-by-investment programme. Foreign nationals may obtain temporary residence cards (TRC) for business, investment, or work purposes under the Law on Entry, Exit, Transit and Residence of Foreigners in Vietnam (2014, amended 2019). A 5-year TRC may be granted to investors meeting certain capital thresholds under the Law on Investment, but there is no structured residency-by-investment pathway analogous to golden visa programmes in other jurisdictions.
Нужна помощь с подачей заявки? Специализированные консультанты по инвестиционной миграции, например Henley & Partners.
Доступ для иностранных инвесторов
Foreign nationals may reside in Vietnam on business visas, work permits, or temporary residence cards. Long-term residency (up to 5 years, renewable) is available for investors and business operators. Vietnam does not grant permanent residency or citizenship to foreign investors through investment alone. Property ownership by foreigners is restricted: foreigners may own apartments and houses for a 50-year term (renewable) in designated areas, subject to quotas.
АДР и кросс-листинги в США
Компании из этой страны, акции которых также торгуются в США, доступны через обычный брокерский счёт в США.
| Компания | Тикер в США | Местный тикер | Примечание |
|---|---|---|---|
| FPT Corporation | FPT | FPT Corporation is not listed on any US exchange and has no ADR programme as of 2024. It is accessible to foreign investors via HoSE subject to foreign ownership limits. FPT has explored international capital market access but has not formalised a US listing. | |
| VinFast Auto Ltd. | VFS | N/A (incorporated in Singapore, listed on NASDAQ) | VinFast, the electric vehicle subsidiary of Vietnam's Vingroup conglomerate, listed on NASDAQ via a SPAC merger in August 2023. It is the most prominent Vietnam-linked company trading directly on a US exchange. The parent Vingroup (VIC) remains listed on HoSE and is not directly cross-listed in the US. |
| Vinamilk (Vietnam Dairy Products JSC) | VNM | Vinamilk does not have a US ADR programme. It is accessible to foreign investors through the HoSE under foreign ownership limits. Some international depository receipt programmes exist in select markets but not on US exchanges as of 2024. |