The Vietnam International Financial Centre in Ho Chi Minh City (VIFC-HCMC) has been structured around four pillar product groups, which are seen as the foundation for gradually building Ho Chi Minh City into a competitive financial hub in the region and the world.

Following the inauguration of the International Financial Centre (IFC) in Da Nang city, Vietnam has officially launched its International Financial Centre in Ho Chi Minh City, marking what leaders describe as a pivotal step in the country’s economic transformation.

Standing Deputy Prime Minister Nguyen Hoa Binh has underscored three key pillars for the Vietnam International Financial Centre (VIFC), including legal, digital, governance and workforce infrastructure.

VOV.VN - Vantage Point Asset Management (VPAM), one of the leading asset management firms based in Singapore and Australia, will mobilise US$10 billion over five years for investment in the Vietnam International Financial Centre (VIFC), with a focus on the Ho Chi Minh City hub, known as IFC HCM.

VOV.VN - Vietnam on February 11 launched its international financial centre in Ho Chi Minh City (VIFC-HCMC), a move Prime Minister Pham Minh Chinh described as a strategic step to help the country move from a capital recipient to a market shaper amid shifting global investment flows.

VOV.VN - The launch ceremony of the Vietnam International Financial Centre in Ho Chi Minh City (VIFC-HCMC) is scheduled to take place on February 11 at the Vietnam International Financial Centre building, located at 8 Nguyen Hue Street, Sai Gon Ward, according to a plan recently issued by the municipal People’s Committee.

The central coastal city of Da Nang is entering a promising new phase of development as modern infrastructure investment converge with the establishment of an International Financial Centre (IFC).

As competition among global financial hubs intensifies, Ho Chi Minh City is moving to carve out a distinct position with a “latecomer but different” strategy, placing institutional reform and innovation at the heart of its competitiveness.

VOV.VN - Prime Minster Pham Minh Chinh expressed confidence that Vietnam will achieve remarkable progress in building and developing the international financial center, gradually moving toward the goal of becoming a financial center of global scale while contributing to common growth and prosperity in the region and beyond.

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).