MSCI has released its May 2025 review, updating its key index for frontier markets, the MSCI Frontier Markets Index. The review sees a total of 12 stock additions and three deletions to the MSCI Frontier Market Index.
Vietnamese stocks GMD – Gemadept and TPB – TPBank are new additions, while PLX – Petrolimex has been removed.
As a result, the MSCI Frontier Market Index now comprises a total of 234 stocks post-review in May. Numerous large-scale funds, with portfolios worth hundreds of millions of USD, are allocated to frontier markets (including Vietnam) based on this index. As of April 30, Vietnam maintained its position as the highest-weighted country in the MSCI Frontier Market Index, with a 23.23% allocation. Morocco followed closely with 14.88%.
Furthermore, out of the top 10 stocks with the highest weightings, three are Vietnamese: HPG, VIC, and VHM, ranking 5th, 7th, and 9th, respectively.
As of April 30, 2025
Data as of April 30, 2025
Turning to the MSCI Frontier Markets Small Cap Index, 16 new stocks have been added, while eight have been removed in this review. Vietnamese stocks CDC and VDP are among the new additions, while DRC and TEG have been removed.
These changes will take effect after the market closes on May 30 and will be implemented in trading on June 3. The next review will be released on August 7, 2025, CEST (UTC +1, Central European Time), which is the early morning of August 8, 2025, Vietnam time.
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