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.
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.
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 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.
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...
The building of an IFC aims to not only attract investment or connect with the world but also develop new and efficient governance mechanisms, policies, and models, PM Phạm Minh Chính has said.