The Fintech Hub, one of four strategic pillars of the Vietnam International Financial Centre in Ho Chi Minh City (VIFC-HCMC), was launched on April 14 at a high-level investment forum co-organised with Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank).

Ho Chi Minh City hopes to become a financial technology hub (Fintech hub), a model similar to that of US Wall Street in New York city, according to Lam Dinh Thang, director of the municipal Department of Information and Communications.