🥖 Vietnam’s FTSE upgrade - worth the hype?

Good afternoon!

It’s Sunday, which means it‘s Bánh Mì Brief time.

This past week flew by. China’s „golden week“ is over, but Vietnam‘s golden decade may just have started.

Tuesday brought the headline everyone here was waiting for: the long-anticipated FTSE Emerging Market upgrade decision. And yes, Vietnam made the cut. Markets cheered - for now. Finance bros, Vietnam-watchers, and probably most of the country’s 100+ million people had something to say about it on LinkedIn. But what does it actually mean and is it really that big a deal?

Plus: Vietnam is gearing up for its own domestic gas supply and future telco infrastructure.

Let’s dive right in.