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.
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.
To develop the maritime economy sustainably and enhance national competitiveness, Việt Nam needs to build a comprehensive maritime financial ecosystem where capital flows, financial services, and logistics operations are tightly interconnected domestically.
Việt Nam can draw on lessons from the London Financial Centre to build a globally competitive financial market for its next growth phase, Executive Director of the London Southside Chamber of Commerce Radiana Vlahova told Vietnam News Agency.
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.
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.