In its 37th publication (GFCI 37), the southern city of Vietnam records 654pts, 25pts more than last year, and finishes 98th – its highest ranking since entering the index in 2022.

In Southeast Asia, the Vietnamese representative stands behind Bangkok of Thailand (96th) and Jakarta of Indonesia (97th) but ahead of Manila of the Philippines (103rd).

In fourth position globally, Singapore remains the financial leader in Southeast Asia.

All financial centres in the Asia-Pacific region improved their rating. Hangzhou, New Delhi, Kuala Lumpur, Ho Chi Minh City, and Manila all rose by six or more places in the global rankings compared to last year.

Elsewhere, New York of the United States maintains its top position with 769pts. Others to make the top 5 include London of the UK, Hong Kong (China), Singapore and San Francisco of the US.

Notably, in the top 10 leading cities, Seoul of the Republic of Korea rose to the 10th position to replace Frankfurt of Germany.

GFCI 37 was published on March 20, providing evaluations of future competitiveness and rankings for 119 financial centres around the world. The publication serves as a valuable reference for policy and investment decision-makers.

HCM City to build international financial centre in Thu Thiem New Urban Area

VOV.VN - Ho Chi Minh City plans to build its international financial centre in the Thu Thiem New Urban Area, covering a total area of 9.2ha, according to the Municipal Department of Science and Technology.