Singapore’s United Overseas Bank (UOB) is exploring membership in the Vietnam International Financial Centre (VIFC), a project meant to connect domestic, global and regional capital flows.
As a late entrant in an increasingly competitive global market, Việt Nam must offer attractive policies to draw investment to the VIFC while maintaining effective oversight, managing risks and safeguarding macroeconomic stability.
Developing an innovation ecosystem in the AI era, global startup acceleration models, and opportunities for Vietnamese startups to integrate into international networks were discussed at a seminar held in HCM City on Wednesday.
Under the Government’s plan, VIFC-HCMC will focus on banking, capital markets and investment connectivity, while VIFC-DN will specialise in fintech, digital and green finance.
Việt Nam and the United Kingdom (UK) are seeking to deepen cooperation in capital market development, green finance and the establishment of the international financial centres (IFC) hubs in Đà Nẵng and HCM City.
As HCM City enters a new phase of development, the business and investment community is facing significant opportunities to expand operations and restructure investment strategies.
Venture capital is critical to spurring technological innovation and pushing Vietnamese firms into emerging sectors while supporting legal fine-tuning to breakthrough momentum for economic growth, said Deputy Minister of Finance Nguyễn Đức Tâm.
HCM City has entered the list of the world’s Top 100 startup ecosystems for the first time, according to the Global Startup Ecosystem Index 2026 released by StartupBlink.
According to the Saigon Hi-Tech Park (SHTP) management board, Intel has relocated part of its production line from Costa Rica to SHTP as part of its global manufacturing restructuring strategy aimed at improving efficiency and competitiveness.
HCM City is seeing a sharp rise in FDI in high-tech sectors, particularly data infrastructure, which is emerging as a core pillar of the digital economy.
HCM City is strengthening its position as one of Southeast Asia’s leading innovation and startup hubs with expanding innovation ecosystem and attracting greater investment into high-tech industries and entrepreneurship.
Việt Nam’s decision to establish a Vietnam International Financial Centre (VIFC) in HCM City and Đà Nẵng marks not merely an economic project, but a significant shift in institutional reform thinking.