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.
HCM City took a major step toward establishing itself as a global financial hub with the opening of the Saigon Marina International Financial Centre (Saigon Marina IFC) Tower on Tuesday, one of the 80 landmark projects launched to celebrate Việt...
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.
Despite two decades in Việt Nam, financial leasing remains a small player due to outdated laws and regulatory hurdles, experts say. At a recent policy dialogue, industry leaders called for clearer legal frameworks and improved digital infrastructure to unlock its...
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.
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.
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).
Prime Minister Phạm Minh Chính who also heads the Steering Committee for Việt Nam’s International Financial Centre (IFC), signed a decision on Friday approving an action plan to establish IFC in HCM City and Đà Nẵng by the end of...
Fintech company MoMo has launched a series of initiatives to provide financial knowledge to young people, beginning in July 2025 with the Kể chuyện Tài chính thông minh (Smart Financial Storytelling) workshop and interactive game Đấu Trường Tri Thức (Knowledge...
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 is playing a growing role in the US’s global supply chains while American businesses have contributed significantly to Vietnam’s economic transformation and development, according to Minister of Industry and Trade Nguyễn Hồng Diên.
With more than 95 per cent of registered enterprises being SMEs, the private sector plays a decisive role in driving economic growth, innovation, and digital transformation.
Its strategic location near major Asian financial hubs, modern infrastructure, dynamic business environment and high quality of life position it well to become a regional financial node.