VOV.VN - Hanoi is considering the development of two financial centres as part of its long-term strategy to strengthen the capital’s role in national and regional financial services.

As developing an international financial centre is considered a strategic step for Vietnam in new stage of development, alongside efforts in institutional perfection, infrastructure improvement and investment attraction, a decisive factor is the availability of a financial workforce that meets international standards.

Trading platforms at the Vietnam International Financial Centre in Ho Chi Minh City and Da Nang city should be launched early and introduced to the global market, according to Permanent Deputy Prime Minister Nguyen Hoa Binh.

Vietnam and the UK are strengthening cooperation to advance the development of a modern derivatives commodity market, seen as a key component in Vietnam’s roadmap to build an International Financial Centre.

A modern financial centre will help upgrade capital markets, connect directly with global capital flows, diversify financial products, advance green and digital finance, and channel funding into infrastructure, technology and clean energy projects – all key pillars for sustainable development.

An International Financial Centre (IFC) is not merely a hub for banks and investment funds, but a geoeconomic stage where national credibility and influence are shaped. Vietnam is facing a strategic opportunity to leverage such a platform to elevate its standing on the regional and global financial map.

Though only recently operational, the Vietnam International Financial Centre in HCM City (VIFC–HCMC) has reported encouraging initial results, signalling strong investor confidence and positioning itself as a gateway for large-scale capital flows into Vietnam.

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.