HANOI — Vietnam's stock market regulator expects Financial Times Stock Exchange (FTSE) Russell's long-awaited confirmation of the country's emerging market status will help draw foreign capital back to a market that has suffered from steady selling this year.

"It contributes to attracting large-scale international investment flows, enhancing liquidity, and strengthening Vietnam's position in the global financial system," the State Securities Commission said in a statement on Wednesday (April 8).