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financial centre

SBV tightens reins as new financial hub eyes clean money flow

SBV tightens reins as new financial hub eyes clean money flow

The State Bank of Việt Nam has proposed that all international electronic money transfers valued at US$1,000 or more within the country’s forthcoming international Financial Centre (IFC) must be reported to strengthen monitoring mechanisms and anti-money laundering (AML) efforts.
Việt Nams financial centre should compete regionally before going global: Swiss expert

Việt Nam’s financial centre should compete regionally before going global: Swiss expert

Việt Nam’s ambition to develop its first financial centre should begin with strengthening regional competitiveness before going global, according to Co-President of the Swiss FinTech Association (SFTA) Philip J.Weights.
Việt Nam proposes six types of commodity exchanges at IFC

Việt Nam proposes six types of commodity exchanges at IFC

The Ministry of Industry and Trade has proposed six types of commodity exchanges to be operated at the international financial centre (IFC), which would cover both traditional goods markets and emerging financial and commercial products.
AIFC Governor: HCM City has strong foundations to become a leading financial centre in ASEAN

AIFC Governor: HCM City has strong foundations to become a leading financial centre in ASEAN

During a recent visit to HCM City, Renat Bekturov, Governor of the Astana International Financial Centre (AIFC), shared with the media insights on the city''s strengths and potential as a regional financial hub.
HCM City, Đà Nẵng to thoroughly prepare for IFC: PM

HCM City, Đà Nẵng to thoroughly prepare for IFC: PM

Prime Minister Phạm Minh Chính chaired a conference this morning (August 2) in HCM City on the implementation of the National Assembly’s Resolution No. 222/2025/QH15 on Việt Nam’s International Financial Centre (IFC).
HCM City, Astana promote cooperation on international financial centre development

HCM City, Astana promote cooperation on international financial centre development

The Astana International Financial Centre is ready to share its experience and expertise with HCM City to help develop its upcoming International Financial Centre into one of the fastest-growing financial hubs in the region, AIFC Governor Renat Bekturov said at...
Việt Nam establishes steering committee to develop financial hub

Việt Nam establishes steering committee to develop financial hub

Prime Minister Phạm Minh Chính will chair the committee, which will provide strategies to develop regional and international financial centres.
SBV suggests delaying the establishment of digital banks in financial centre

SBV suggests delaying the establishment of digital banks in financial centre

The State Bank of Việt Nam (SBV) suggested that the establishment of digital banks should be postponed to January 1, 2027.
Ministry of Planning and Investment proposes piloting a cryptocurrency exchange at financial centres

Ministry of Planning and Investment proposes piloting a cryptocurrency exchange at financial centres

The Ministry of Planning and Investment (MPI) has proposed a controlled pilot programme for fintech activities, including digital asset and cryptocurrency trades at financial centres.
Việt Nam sets rules for financial centre development steering committee

Việt Nam sets rules for financial centre development steering committee

Decision 41/QĐ-BCĐXDTTTC on the operation regulations of this steering committee stipulates responsibilities of members and standing bodies of the steering committee and its information and reporting regime.
PM, Govt Advisory Group aim to turn HCM City into intl financial centre

PM, Gov't Advisory Group aim to turn HCM City into int'l financial centre

Prime Minister Nguyen Xuan Phuc has asked his Government Advisory Group to submit a document by Aprll 30 outlining necessary steps to turn HCM City into an international financial centre.