Four Vietnamese commercial banks have become members of the International Finance Corporation’s (IFC) Alliance for Green Commercial Banks, a global initiative to accelerate sustainable finance and green banking practices across emerging markets.

Ho Chi Minh City will begin construction of a long-planned international financial centre (IFC) in September, part of Vietnam’s push to position itself as a regional financial hub alongside Singapore and Hong Kong (China).

Ho Chi Minh 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 August 19, one of the 80 landmark projects launched to celebrate Vietnam’s 80th National Day (September 2).

The Ministry of Industry and Trade has proposed six types of commodity exchanges to be operated at the planned International Financial Centre (IFC) which would cover both traditional goods markets and emerging financial and commercial products.

Vietnam's leading industrial park developer Becamex IDC on July 16 signed a cooperation agreement with the International Finance Corporation (IFC), a member of the World Bank Group, aiming to integrate international sustainability standards into the practical operations of its industrial parks in Vietnam.

Vietnam’s roadmap to establishing an international financial centre (IFC) hinges not only on planning, infrastructure and human capital, but above all, on attracting strategic investors, according to experts.

Ho Chi Minh City is stepping up efforts to fulfill key conditions for the establishment of an international financial centre (IFC), seen as a strategic move to deepen Vietnam’s integration with global financial markets and provide new impetus for socio-economic breakthroughs.

After more than two decades of planning, the vision of establishing an international financial centre (IFC) in Ho Chi Minh City is finally gaining real momentum as the Politburo has officially endorsed the proposal, drawing significant attention from both domestic and international investors.

The International Finance Corporation (IFC) and the Swiss government have launched the second phase of their supply chain finance (SCF) programme in Vietnam, aiming to improve access to working capital for small and medium enterprises (SMEs).

A workshop themed US-Vietnam Getting to Net-Zero: Roadmap to Sustainable Industrial Development was held in Ho Chi Minh City on January 14 by the US Commercial Service in the city, in partnership with the International Financial Centre (IFC) and Saigon Tel.