Vietnam seeks Singapore’s expertise in developing international financial centre
VOV.VN - During an official visit to Singapore, Vietnamese Deputy Prime Minister Nguyen Hoa Binh met with Senior Minister Lee Hsien Loong on January 13 to discuss economic and financial cooperation, with a focus on developing Vietnam’s newly-established International Financial Centre (IFC).
Binh highlighted Vietnam’s commitment to building a modern IFC, emphasising its strategic role in the country’s financial sector and economic development. He expressed appreciation for Singapore’s guidance and experience in establishing and operating world-class financial hubs.
Senior Minister Lee congratulated Vietnam on its IFC initiative and shared lessons from Singapore’s development of its own financial centre, including strategies for governance, international connectivity, and investor engagement. He affirmed Singapore’s readiness to advise and support Vietnam in implementing best practices and strengthening links between the two countries’ financial centres.
The Vietnamese delegation has also met with Singaporean banks, financial institutions, and investors, receiving positive feedback and interest in potential partnerships with Vietnam’s IFC, signaling strong international confidence in the initiative.
On this occasion, Deputy PM Binh invited Senior Minister Lee to visit Vietnam, and the invitation was accepted with pleasure.