Deputy PM urges San Francisco to encourage investment in VIFC
VOV.VN - Deputy Prime Minister Nguyen Hoa Binh has expressed his wish that the San Francisco administration continue to support cooperation and encourage local investors, businesses and financial institutions to invest in the Vietnam International Financial Centre (VIFC).
During a working visit to the United States, on March 26 local time, the Deputy PM began his programme in San Francisco following a stop in New York. He held talks with Mayor Daniel Lurie and met financial experts as well as executives from several major US companies and investment funds.
At the meeting with Mayor Daniel Lurie, he stressed that the Vietnam-US Comprehensive Strategic Partnership is making steady progress, particularly after Party General Secretary To Lam’s visit to the United States in February 2026. Cooperation between Ho Chi Minh City and San Francisco has expanded in areas such as economics, finance, and science and technology.
He said the trip aims to boost bilateral ties while calling on US corporations, investment funds and financial institutions to take part in the VIFC. He described the centre as an institutional breakthrough, contributing to economic restructuring and creating an effective channel for capital mobilisation, in line with the country’s development goals to 2045.
Mayor Daniel Lurie glowingly spoke of the cooperation potential between the two countries and said the city will support efforts to strengthen investment links, including promoting and attracting businesses to the VIFC.
At a session with experts, experts said Vietnam has an opportunity to become an attractive destination for international capital flows as global supply chains are being restructured. They recommended building a transparent and stable legal framework, thus safeguarding investors, developing digital and logistics infrastructure, and attracting high-quality human resources.
The Deputy PM took note of the recommendations and affirmed that Vietnam will develop the VIFC in a transparent manner in line with international standards, while ensuring investors’ rights.
At meetings with companies and investment funds including Protiviti, Outlander Capital and Martin Davis, he expressed his wish to expand cooperation in financial advisory services, risk management, human resources development and digital assets.
US partners showed interest in expanding operations in Vietnam and put forward recommendations to improve the investment environment.
Deputy PM Nguyen Hoa Binh also invited US businesses and investors to visit Vietnam soon to discuss cooperation opportunities at the VIFC in Ho Chi Minh City and Da Nang.