Vietnam 前沿市场
Southeast Asia · Hanoi · VND (Vietnamese Đồng)
经济与产业概览
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.
主要行业
📘 全面了解Vietnam →宏观
| GDP 名义, 美元 | $476.30B |
| GDP增速 实际, 年度 | 7.1% |
| 通胀率 年度 | 3.6% |
| 人口 人口 | 98.5M |
| 人均GDP 美元 | $4,700 |
| 市值 上市总额, 美元 | $349.00B |
| 市值/GDP | 73.3% |
| 失业率 | 2.2% |
| 上市公司数量 | 400 |
| 交易所 | Ho Chi Minh Stock Exchange (HOSE) |
数据年份: 2024. 数据来源: 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.
最新消息
Southeast Asia其他市场
最大上市公司
主要本地交易所按市值排名最大的公司。
| # | 公司 | 行业 | 市值美元 | 美国上市 |
|---|---|---|---|---|
| 1 | Vingroup JSCVIC · HOSE | Real Estate | $44.90B | — |
| 2 | Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank)VCB · HOSE | Banking | $23.50B | — |
| 3 | Vinhomes JSCVHM · HOSE | Real Estate | $19.30B | — |
| 4 | Bank for Investment and Development of Vietnam (BIDV)BID · HOSE | Banking | $13.90B | — |
| 5 | Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank)CTG · HOSE | Banking | $12.20B | — |
| 6 | Techcombank (Vietnam Technological and Commercial Joint Stock Bank)TCB · HOSE | Banking | $9.90B | — |
| 7 | PetroVietnam Gas JSC (GAS)GAS · HOSE | Energy & Utilities | $9.70B | — |
| 8 | Vietnam Prosperity Joint Stock Commercial Bank (VPBank)VPB · HOSE | Banking | $9.00B | — |
| 9 | Military Commercial Joint Stock Bank (MBBank)MBB · HOSE | Banking | $8.60B | — |
| 10 | Hoa Phat Group JSCHPG · HOSE | Steel & Materials | $8.30B | — |
| 11 | Masan Consumer Holdings (MCH)MCH · HOSE | Consumer Staples | $8.30B | — |
| 12 | FPT CorporationFPT · HOSE | Technology & Telecommunications | $6.60B | — |
| 13 | Vietnam Dairy Products JSC (Vinamilk)VNM · HOSE | Consumer Staples | $5.80B | — |
| 14 | HD Bank (Ho Chi Minh City Development Joint Stock Commercial Bank)HDB · HOSE | Banking | $5.80B | — |
| 15 | Asia Commercial Bank (ACB)ACB · HOSE | Banking | $5.00B | — |
| 16 | Mobile World Investment CorporationMWG · HOSE | Retail | $4.90B | — |
| 17 | LienVietPostBank (LPBank)LPB · HOSE | Banking | $4.90B | — |
| 18 | Masan Group CorporationMSN · HOSE | Consumer Staples / Diversified | $4.60B | — |
| 19 | Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank)STB · HOSE | Banking | $4.30B | — |
| 20 | VietJet AirVJC · HOSE | Transportation / Aviation | $4.20B | — |
| 21 | Vietnam Rubber Group – GVRGVR · HOSE | Materials / Agriculture | $5.80B | — |
| 22 | Binh Son Refining and Petrochemical (BSR)BSR · UPCOM | Energy | $4.10B | — |
在美交易ETF
在美国上市并提供该市场敞口的基金——对许多美国投资者而言是最便捷的途径。
| 股票代码 | ETF | 发行机构 | 覆盖范围 | 费率年化% | 投资敞口占基金% |
|---|---|---|---|---|---|
| VNM | VanEck Vietnam ETF | VanEck | 单一国家 | 0.76% | 100% |
| VWO | Vanguard FTSE Emerging Markets ETF | Vanguard | 广泛新兴市场 | 0.08% | 0% |
| EEMX | State Street SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF | State Street / SPDR | 广泛新兴市场 | 0.30% | 2% |
| FM | iShares MSCI Frontier and Select EM ETF | BlackRock / iShares | 区域 | 0.79% | 10% |
本地交易所与准入
| 交易所 | Ho Chi Minh Stock Exchange |
| 代码 | HOSE |
| 网站 | www.hsx.vn |
| 货币 | VND |
本地券商准入
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.
支持外国市场准入的全球券商
- 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.
仅供参考,不构成推荐。不同券商及您所在国家/地区的可用市场、费用及开户规定各有不同。
移居与居留权
投资签证/居留权项目
资助项目 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.
需要申请协助?专业投资移民顾问(如 Henley & Partners.
外资准入
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.
在美上市ADR及交叉挂牌
该国股票同时在美国交易的公司——可通过普通美国券商账户进行投资。
| 公司 | 美国股票代码 | 本地股票代码 | 备注 |
|---|---|---|---|
| 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 Ltd | VFS | N/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. |