The visits underscored Vietnam’s commitment to aligning its emerging financial hub with global standards and best practices.

At NASDAQ, Deputy PM Nguyen Hoa Binh met with Executive Vice President Jeff Thomas to explore how the electronic exchange, now the second-largest in the US by market capitalisation, leverages advanced technologies such as artificial intelligence, blockchain, and data analytics to enhance market transparency, liquidity, and reliability.

The NASDAQ leader shared practical experiences on market operation, listing standards, regulatory compliance, and the use of digital solutions to strengthen investor confidence. He expressed NASDAQ’s readiness to support Vietnamese companies seeking access to US capital markets, including listing on NASDAQ, highlighting opportunities for technology transfer and training of high-quality financial professionals.

At the NYSE, Vice Chairman Chris Taylor outlined the exchange’s 230-year history as the largest global stock exchange by market capitalisation, hosting around 2,400 listed companies from 48 countries.

Deputy Prime Minister Nguyen Hoa Binh presented Vietnam’s vision for the VIFC, aiming to integrate deeply with global financial markets and establish a modern, transparent, and efficient financial ecosystem. He requested that NYSE share its experience in operating an international stock exchange, using digital technologies for market supervision, attracting institutional capital, and implementing dispute resolution mechanisms based on international standards.

The NYSE leadership welcomed the initiative and proposed further cooperation in market data sharing, policy dialogue, and connectivity between US and Vietnamese exchanges, supporting the VIFC’s integration into the global financial network.

Deputy PM Nguyen Hoa Binh also met with Christopher Turner, CEO of Warburg Pincus, who expressed interest in supporting the VIFC through investment and expertise, particularly in technology-driven sectors and startup financing. The firm highlighted Vietnam’s strong growth potential and commitment to creating a transparent, investor-friendly environment. Turner emphasised Warburg Pincus’s willingness to collaborate on developing modern financial products, operational frameworks, and training programmes for the Vietnamese workforce.

These engagements reflect Vietnam’s strategic approach to learn from international leaders while customising global practices to local needs. By observing how leading US financial institutions operate, Vietnam seeks to implement advanced technologies, regulatory frameworks, and market practices that promote transparency, efficiency, and investor confidence at the VIFC.

Vietnam envisions the VIFC, designed under a “one centre, two destinations” model spanning Ho Chi Minh City and Da Nang, as a modern, transparent, and internationally integrated financial centre. Insights and expertise shared by NASDAQ, NYSE, and Warburg Pincus will guide the centre’s development, including advanced market supervision, digital infrastructure, investment facilitation, and workforce capacity building. These partnerships will help Vietnam accelerate its journey toward a world-class financial hub capable of mobilising capital, fostering innovation, and enhancing national competitiveness.

During his working trip to the United States, Deputy PM Nguyen Hoa Binh also visited the Permanent Mission of Vietnam to the United Nations in New York, recognising the role of diplomatic missions in promoting Vietnam’s position on the global stage and fostering connections with international investors. He highlighted the importance of continued outreach and engagement with US businesses, particularly in finance and high-tech sectors, to support the VIFC’s growth and integration into global financial networks.

Vietnam pledges strong incentives for investors at International Financial Centre

VOV.VN - Vietnam has reaffirmed its commitment to providing the best possible conditions for foreign investors at the Vietnam International Financial Centre (VIFC), positioning the project as a strategic gateway for global capital.