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 - 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).

VOV.VN - International and domestic investors have pledged strong support for Vietnam’s newly launched Da Nang International Financial Centre (Da Nang IFC), underscoring confidence in the country’s commitment to build a modern, transparent, and globally integrated financial hub.

VOV.VN - The Ho Chi Minh City People’s Committee has announced 12 major highlights reflecting the city’s comprehensive and breakthrough development in 2025, with administrative restructuring and regional integration identified as a key milestone.

VOV.VN - Vietnam inaugurated its International Financial Centre in Da Nang on January 9, a strategic move aimed at strengthening the country’s role in the global financial system.

Following the establishment of Vietnam's International Financial Centre (IFC) on December 21, the Global On-chain Economy Alliance (GOE Alliance) has pledged to become a prospective member of the IFC in HCM City, marking the early participation of a global on-chain economic alliance in the centre’s operation.

VOV.VN - Prime Minister Pham Minh Chinh chaired a conference on December 20 to announce the establishment of Vietnam’s International Financial Centre (IFC), describing the move as a strategic breakthrough aligned with global financial restructuring and Vietnam’s national development aspirations.

The National Assembly on December 11 approved the Law on Specialised Courts at International Financial Centre at its ongoing 10th session, with 438 out of 444 deputies voting in favour.

Ho Chi Minh City has readied necessary infrastructure, personnel, and investors for the operation of its International Financial Centre (IFC), slated to be inaugurated on December 19, Dr. Truong Minh Huy Vu, Director of the Ho Chi Minh City Institute for Development Studies (HIDS), has said.

Lawmakers are scheduled to vote to pass many important laws and resolutions during the final working week of the 15th National Assembly (NA)’s 10th session from December 8–11.