Powering Finance with Data Intelligence
Bridging Big Data, Education, Research, Technology, Financial Services, Products and Investment
Data infrastructure, cloud platforms and analytics that power modern capital markets.
learn more →Research, courses and learning platforms for investors, students and professionals.
learn more →Index design, calculation and dissemination, plus investment products built on them.
learn more →Elevating your investment potential with trust
We deliver data-driven research, index solutions, and innovative tools to support modern capital markets.
Research notes, market commentary and IFRC announcements.
More News & InsightsIFRC uses big data and technology to turn financial information into real-time intelligence for strategy and investment solutions.
IFRC turns financial knowledge into market intelligence through education and research.
IFRC offers a range of customizable indexes and data-driven solutions across sectors, asset classes and market segments.

IFRC Vietnam is presented as a key player in advanced indexing, built on innovation, data expertise and practical application.
learn more (placeholder link)
Empowering your Financial Choices globally.
MSCI reviews world equity markets annually and classifies them as developed, emerging, frontier or standalone, based on economic development, accessibility and investability. Source: www.msci.com
FTSE classifies markets as Developed, Advanced Emerging, Secondary Emerging or Frontier, reviewed regularly with institutional investors and market authorities. Source: www.lseg.com
CEO Dr. Huu Minh Mai:
Introduces the course “Mastering Indexing – A Complete Course for Aspiring Indexers”: index concepts and structures, data selection and classification, weighting methods and calculation, performance analysis across sectors, industries and company sizes.
Live market dashboards:
IFRC’s capital-protection solution aims to limit downside risk in uncertain markets by combining research, diversified asset allocation and continuous risk monitoring. Defensive positioning and disciplined portfolio management aim to preserve wealth while keeping exposure to long-term growth.
VIETNAM ALLSTAR PROTECTIVE FUND
IFRC’s dynamic weighting solution adjusts portfolio allocations based on economic and market signals. Quantitative analysis and systematic risk assessment increase exposure in favourable conditions and reduce risk in volatile periods, aiming to improve resilience and risk-adjusted returns versus static allocation models.
Market professionals look beyond price moves to gauge investor psychology, using sentiment indicators and the CBOE Volatility Index (VIX) as contrarian signals.
Links:

Lets clients build custom financial indexes using their own rules, asset selection criteria and calculation methods; supports backtesting, performance analysis and configuration of weighting methods, currencies and index versions on IFRC’s cloud platforms.

Computes index values using defined methodologies, continuously updated with integrated market data, and distributes results to clients, media and platforms via dashboards, reports and data feeds (real-time or periodic).

Helps clients design, calculate and manage tailored indexes for investment, research or business needs: defining index rules, backtesting on historical data, performance analysis and ongoing calculation on IFRC’s cloud platforms.
IFRC’s index creation process combines financial research, advanced analytics and cloud computing to turn investment ideas into rules-based indices that can be analysed, replicated and used in financial products. It is supported by IFRC’s Cloud Computing Platform for Investment (CCPI).
Each index starts with a question: what market insight or opportunity should it capture? Concepts include market benchmarks, thematic strategies (ESG, technology, gender diversity) and factor / smart-beta approaches.
Defines the eligible pool by geography (Vietnam or global), asset class and criteria such as size and liquidity; universes can span thousands of securities.
Transparent, rules-based frameworks — the “index methodology blueprint” — covering selection criteria, weighting schemes, rebalancing rules and calculation formulas. Weighting options: capitalisation-weighted, free-float adjusted, equal-weighted, factor-based.
Securities are selected by eligibility rules, weighted and combined into a single index value; big data supports complex designs incl. sentiment indicators and AI-driven approaches.
Backtest strategies on historical data in CCPI, compare weighting/selection approaches, review performance and risk metrics.
Index levels are calculated continuously and published for investors and institutions — for research, portfolio benchmarking and index-linked products.
Periodic rebalancing, corporate-action adjustments (dividends, splits) and ongoing updates.
Rapid index design, integrated analytics and dashboards, and a “no-code” environment that broadens access to index creation.
A move from static benchmarks to dynamic, customisable, data-driven indices — a platform for testing and launching financial ideas.
Intelligent Financial Research & Consulting (IFRC) is a Vietnamese financial consultancy founded in 2010, working across financial services, research, education and technology — a multi-service firm for capital markets, investment products and financial analytics, focused on data intelligence for investment decisions.
Index design underpins investment strategies, financial products and benchmarking. IFRC offers customised index design, calculation and dissemination for investors, institutions and market participants.
IFRC is involved in developing and maintaining “tens of thousands of indexes and indicators” across Vietnamese and global markets.
Uses: academic research, financial analysis and valuation, investment benchmarking, index-linked products and funds.
Methodology and Technology
Index design as a strategic capability: large-scale index development, advanced methodology, technology-enabled platforms, integration with investment products.
The service covers “computing index values based on defined methodologies”, continuously updated with integrated market data. Results are delivered to clients, media and platforms through dashboards, reports and data feeds, for real-time or periodic access.
IFRC provides services to design, calculate and manage customised financial indexes for specific client needs, as part of the CCPI (Cloud Computing Platform for Investment) ecosystem. Uses: investment products (funds, ETFs, derivatives), research and analysis, performance benchmarking.
A full-service solution to design, test and operate your own financial index for investment, research or business goals.
BeQ Global Indexes is the “strategic engine behind BeQ Holdings’ vision” to transform Vietnam into a world-class financial hub, working at the intersection of Big Data, global benchmarking standards and investment analytics.
IFRC develops innovative financial indexes that turn complex market data into actionable intelligence for investors, researchers and institutions — beyond traditional benchmarks, using multi-asset and factor-based approaches.
Advanced finance education building deep expertise and practical skills, emphasising “application, relevance, and real-world readiness”.
BeQ Global Indexes is the strategic engine behind BeQ Holdings’ goal to transform Vietnam into a world-class financial hub, working at the intersection of Big Data, global benchmarking standards and investment analytics.
IFRC Indexes Develop, Calculate and Maintains about 100,000 indexes and Indicators:
| Category | Count |
|---|---|
| Vietnam indexes | 52,248 |
| Global indexes | 19,002 |
| Vietnam sentiment indicators | 23,074 |
| Global sentiment indicators | 4,717 |
IFRC Global Indexes are designed for different purposes:
IFRC Global Indexes are classified into 10 levels:
Cloud Computing Platform for Investment (CCPI) — design, backtest and build a complete set of files for a new index in a few minutes. No Code · No Barriers · Turning Investment Ideas Into Indexes



IFRC turns financial knowledge into market capability through “advanced education designed to build deep expertise and practical skills”. The education function focuses on:
The approach emphasises application, relevance and real-world readiness over purely theoretical learning. Some training programmes will be delivered with CRQFT, VIDE and other professional training organisations or universities, combining academic rigour with market-oriented expertise.
Central research hub that aggregates large finance, economics and environmental datasets, with cloud tools for modelling, testing and real-time computation.
The ecosystem’s investment engine for designing, calculating, disseminating and adjusting standard and customised indexes and investment products.
A structured, data-driven environment for designing, backtesting and deploying trading strategies, with real-time data and strategy rankings.
A cloud learning ecosystem where finance, data and technology meet: on-demand courses, live market data and simulations of real market conditions.
Helps traders, investors and future finance professionals build knowledge, skills and confidence through curated learning paths and practice.
An emerging institute for finance, technology and data science in Vietnam, combining education, research and industry collaboration to build top talent.
Index project following Vietnamese listed companies led by women CEOs.
Index project following listed companies led by women CEOs worldwide.
Index project tracking the representation of women on company boards worldwide.
CCPX is a cloud-based infrastructure developed by IFRC and partners that brings research, investment and market strategy into one connected environment, streamlining how data is accessed, analysed and turned into financial insight.
The ecosystem integrates the full financial workflow — data collection and research through investment execution and strategy development — for Vietnamese and global markets, linking academia, industry and technology.
A platform serving education, research and investment through a simulated market with no financial risk.
One environment for financial education, investment research, strategy testing and market simulation, combining realistic scenarios, analytics, AI-driven insights and learning resources.
Status: Under construction — 70% (progress bar)
The Prime Minister unveiled a national AI masterplan to 2030, aiming to place Vietnam among the “top four ASEAN countries” and the world’s top 50 in AI research, development and application.
Oxford AI Readiness Index: Vietnam ranks 76th globally (score 42.944), 6th in ASEAN.
| Country | Global rank | Score |
|---|---|---|
| Singapore | 6 | 78.704 |
| Malaysia | 28 | 62.434 |
| Thailand | 60 | 48.156 |
| Indonesia | 62 | 47.528 |
| Philippines | 74 | 42.944 |
| Vietnam | 76 | 42.944 |
Requires assessing strengths and weaknesses, defining measurable indicators, tracking progress via consistent benchmarking, and comparing with regional and global peers.
Vietnam is included in: Government AI Readiness Index, Global Cities AI Readiness Index, Cisco Digital Readiness Index, Digital Adoption Index, IBM Global AI Adoption Index, Inclusive Internet Index, DESI, DSI, AI Watch Index, AI Hiring Index, Digital Intelligence Index. These focus on specific dimensions and lack a comprehensive view.
A holistic, transparent, comparable index combining multiple dimensions.
The pandemic accelerated AI adoption in manufacturing, e-commerce, healthcare, education and financial services — an opportunity for Vietnam to close the gap.
Ambitions are bold but achievable, depending on strategic execution, continuous measurement and benchmarking, and investment in talent, infrastructure and innovation. VAIDI could turn ambition into measurable progress.

A proposed national benchmark, the VDERI, to measure real progress rather than stated ambition. Vietnam has advanced in AI, e-commerce and digital services, but no single comprehensive tool tracks its readiness for the next growth phase.
Existing indexes focus on infrastructure and connectivity. The proposal uses three questions:
A “Momentum Score” tracks how fast each country is improving. “A country can still be ranked sixth in ASEAN but moving twice as fast as its peers.”
A “Digital Gap Index” measures disparities between urban/rural areas, large firms/SMEs and domestic/foreign players.
Real-time signals: demand for AI and tech jobs, startup formation rates, online search and media trends.
Vietnam’s digital economy is among the fastest-growing in Southeast Asia; the challenge is measurable, sustainable and inclusive progress.
Not just how fast Vietnam is moving, but how far it can go.
Why index investing has become one of the most popular strategies: broad diversification at low cost, without stock-picking or frequent trading.
A guide to investment funds, one of the main channels through which money flows across markets, institutions and individuals.

How IFRC turns investment ideas into rules-based indices, combining financial research, advanced analytics and cloud computing on its CCPI platform.
“Index investing has emerged as one of the most popular strategies for everyday investors.” Buying funds that track benchmarks such as the S&P 500 or NASDAQ 100 gives broad diversification at low cost, without stock-picking or frequent trading.
Supporters say passive index funds often outperform most actively managed funds over time; critics note index investors remain exposed to broad market downturns and sector imbalances. Still, index investing offers a disciplined, transparent route to long-term wealth.
In today’s fast-moving financial world, money rarely sits still. It flows across markets, institutions and individuals, and investment funds are one of the main channels it moves through.
MSCI evaluates equity markets around the world each year to classify them as developed, emerging, frontier or standalone, considering economic development, accessibility and investability.
FTSE classifies markets as Developed, Advanced Emerging, Secondary Emerging or Frontier, reviewing them regularly with institutional investors and domestic market authorities.
(by admin) Dr. Huu Minh Mai, CEO of IFRC:
(by admin) Promotes “Mastering Indexing – A Complete Course for Aspiring Indexers” offered through IFRC.VN.
Index construction principles and methods — how indices are designed, calculated and used to analyse data.
The IFRC Databases provide a structured, reliable foundation of financial data for analysis, decision-making and strategic research — covering market indexes, asset classes, sectors and economic indicators, turning raw information into organised, usable datasets.
Helps professionals and investors move from collecting data to interpreting it, for faster and better-informed financial decisions.
Reliable Data. Smarter Decisions
IFRC publishes index rules, methodology papers and project documents. The document library is being curated; in the meantime, index rulebooks are available from the case studies on the home page, and you can request specific documents through the Contact page.
IFRC uses big data and technology to turn financial information into real-time intelligence for investment solutions.
As markets grow more complex, IFRC positions itself not just as a research firm but as part of a data- and technology-driven financial infrastructure.
Data is plentiful but insight is scarce; IFRC turns large volumes of financial data into structured, actionable intelligence. Expertise:
IFRC designs indexes and also handles their calculation, maintenance and real-time dissemination. Through its wider ecosystem with BeQ Holdings it contributes to platforms featuring:
Indexes and analytics become continuously updated systems rather than static reports.
Combining large datasets with quantitative methods supports:
Data becomes predictive, helping investors anticipate market moves.
Within the BeQ ecosystem, cloud-based investment systems offer:
Bringing institutional-grade insight to a wider range of investors.
Real-time indexes and analytics can underpin:
Finance is shifting from capital toward “data, computation, and intelligence”. Combining advanced analytics, technology infrastructure and financial expertise makes decisions faster, more precise and increasingly automated.
IFRC’s role in big data and technology is growing — helping redefine how markets are understood, not just analysing them.
IFRC turns financial knowledge into market intelligence — education that builds expertise, and research that supports innovation, strategy and practical financial solutions.
The goal is to connect financial knowledge with real-world application in modern capital markets.
Data is plentiful but insight is scarce; IFRC turns large volumes of financial data into structured, actionable intelligence. Expertise:
IFRC designs indexes and also handles their calculation, maintenance and real-time dissemination. Through its wider ecosystem with BeQ Holdings it contributes to platforms featuring:
Indexes and analytics become continuously updated systems rather than static reports.
Combining large datasets with quantitative methods supports:
Data becomes predictive, helping investors anticipate market moves.
Within the BeQ ecosystem, cloud-based investment systems offer:
Bringing institutional-grade insight to a wider range of investors.
Real-time indexes and analytics can underpin:
Finance is shifting from capital toward “data, computation, and intelligence”. Combining advanced analytics, technology infrastructure and financial expertise makes decisions faster, more precise and increasingly automated.
IFRC’s role in big data and technology is growing — helping redefine how markets are understood, not just analysing them.
IFRC is building the infrastructure behind smarter investment decisions — indexes. Its indexing capabilities are becoming “strategic tools for investors”, changing how portfolios are built, analysed and executed.
Data is plentiful but insight is scarce; IFRC turns large volumes of financial data into structured, actionable intelligence. Expertise:
IFRC designs indexes and also handles their calculation, maintenance and real-time dissemination. Through its wider ecosystem with BeQ Holdings it contributes to platforms featuring:
Indexes and analytics become continuously updated systems rather than static reports.
Combining large datasets with quantitative methods supports:
Data becomes predictive, helping investors anticipate market moves.
Within the BeQ ecosystem, cloud-based investment systems offer:
Bringing institutional-grade insight to a wider range of investors.
Real-time indexes and analytics can underpin:
Finance is shifting from capital toward “data, computation, and intelligence”. Combining advanced analytics, technology infrastructure and financial expertise makes decisions faster, more precise and increasingly automated.
IFRC’s role in big data and technology is growing — helping redefine how markets are understood, not just analysing them.
In fast-changing markets, “continuous learning is no longer optional—it is essential.” The Virtual Trading Platform helps traders, investors and aspiring finance professionals build knowledge, skills and confidence.
An education platform is a digital environment for courses, lessons and assessments, with progress tracking and personalised learning. The platform (the text names “Blue Titans”) offers a trading-education ecosystem combining theory with practical market insight.
Curated learning pathways cover trading strategies, market analysis, risk management and execution, with multimedia lessons, interactive tools, performance analytics and flexible pacing.
Structured courses, guided practice and feedback turn concepts into practical trading skills, building discipline and better decision-making.
Suitable for beginners and experienced traders — “a bridge between learning and real-world trading success.”
VFTDI is an emerging institution focused on finance, technology and data science in Vietnam. It supports the shift to a more advanced, data-driven financial ecosystem and the building of high-quality talent, combining education, research and industry collaboration.
Financial market analysis, modern financial competencies, alignment with international practices.
Digital technologies in finance (FinTech), exposure to modern financial systems, integrating innovation into financial services.
Data analysis, statistical modelling, machine learning, data visualisation, large-scale data processing.
Partners: businesses, financial institutions, technology companies, research/academic organisations. Benefits: internships, exposure to industry challenges, applied project-based research.
A forward-looking initiative preparing Vietnam for a data-driven financial future by combining financial expertise, technological innovation and advanced data science.
IFRC (Intelligent Financial Research & Consulting) aims to change how financial education is designed and delivered through a planned cloud computing platform for education — an integrated learning ecosystem where finance, data and technology meet, not just a digital classroom.
A centralised, cloud-native environment giving access to financial knowledge anytime, anywhere: on-demand courses and training modules, updates with real-time market data, delivery to thousands of users at once.
Applied financial education: live financial datasets and market feeds, interactive tools for portfolio analysis and index tracking, simulations of real market conditions.
Centralised data storage and processing, big data and AI-driven insights, continuous updates to models and course content.
Connects with IFRC’s indexing and investment tools, research outputs and market insights, and data/analytics platforms — a path from learning to analysis to application.
Convergence of education, technology and finance: cloud delivery, real-time financial data, advanced analytics.
Growing market complexity increases demand for practical financial education; the platform reinvents financial learning for the data era.
Successful trading depends on disciplined execution of well-defined strategies rather than guesswork. CCPS is a platform for traders, investors and financial professionals seeking a structured, data-driven approach to global markets.
A trading strategy is a systematic rule set covering entry and exit timing, capital allocation and risk management. The platform (text names “Blue Titans platform”) combines these into one environment for designing, testing and deploying strategies.
It offers market analysis, real-time data and strategy execution tools, including charting and real-time pricing, turning trading ideas into repeatable, rules-based systems.
Users can work with technical indicators, quantitative models or algorithmic strategies to reduce emotional bias and improve decisions using objective criteria.
Suitable for beginners seeking structure and advanced traders building automated systems — a framework for strategy-driven trading, not just a tool.