Việt Nam’s push to build an international financial centre (IFC) is placing financial technology (fintech) cooperation with Australia at the centre of its long-term strategy, as policymakers seek to modernise the banking system and attract global capital.
HDBank and the London Stock Exchange signed a strategic agreement for establishing a long-term framework to support Vietnamese enterprises in accessing global capital markets.
HCM City’s rising global financial ranking highlights growing recognition, but experts warn that concrete reforms are needed to turn momentum into real capital flows.
Chairing a meeting to review the development strategy and operational framework for the International Financial Centre, Bình acknowledged the progress made by relevant ministries and localities in a short period of time. However, he noted that current efforts have largely...
The Vietnam International Financial Centre in HCM City has secured multi-billion-dollar commitments and is rapidly emerging as a new hub for global capital flows into Việt Nam.
The centre operates under a ''one centre, two destinations'' model in HCM and Đà Nẵng cities, focusing on institutional breakthroughs and modern technological infrastructure.
International experts believe that, thanks to its distinctive advantages, the newly launched Đà Nẵng International Financial Centre (IFC) will develop sustainably, enhance Việt Nam’s standing on the regional and global financial map, and a fresh growth engine for the central...
Vietnamese commercial banks, which operate in the country’s International Financial Centre (IFC), are not allowed to purchase and sell bonds issued in foreign currency abroad exceeding 7 per cent of their equity.
Prime Minister says centres will mobilise capital for infrastructure without raising public debt whilst positioning Việt Nam in global financial network.
Unlike established IFCs in regional commercial hubs like Hong Kong (China) or Singapore, HCM City is emerging amid global supply chain restructuring, creating opportunities for Viet Nam to become a key link in the new value chain.
The two parties will also work together to support the innovation ecosystem, including SMEs and start-ups applying digital technologies, blockchain and financial technology.
Prime Minister Phạm Minh Chính has instructed ministries and local authorities to accelerate preparations so that Việt Nam’s International Financial Centre can begin operations by November 2025.
Experts said Việt Nam’s planned International Financial Centre could help nurture future unicorns and attract global capital with flexible policies and open digital infrastructure.
Speaking at the Government’s meeting on Tuesday to discuss eight draft decrees guiding the implementation of the National Assembly’s Resolution 222/2025/QH15 on the development of the IFC in Việt Nam, PM Chính urged breakthrough and superior mechanisms to attract international...