Deputy Prime Minister and Minister of Foreign Affairs Bui Thanh Son hosted a reception in Hanoi on January 15 for Ali Ijaz Ahmad, Chief Executive Officer of Singapore-based Makara Capital, urging the group to support Vietnam in developing international financial centres.

Argentine media has lauded Vietnam’s landmark decision to establish an international financial centre in Ho Chi Minh City – the nation’s economic and commercial powerhouse, marking a pivotal shift in the Government’s economic development strategy.

Prime Minister Pham Minh Chinh has issued a decision on setting up a steering committee for regional and international financial centres.

The UK’s support for Vietnam in establishing an international financial hub is a significant development that reflects the growing economic ties between the two nations.

VOV.VN - Prime Minister Pham Minh Chinh has suggested that the Dubai International Financial Centre (DIFC) co-operate with Vietnam in developing financial services and supporting the development of the HCM City Financial Centre.

Prime Minister Pham Minh Chinh on September 30 asked competent ministries, sectors, Ho Chi Minh City and Da Nang city to clearly define the scope and operating model of regional and international financial centres to be established in Vietnam.

Standing Vice Chairman of the Da Nang city People's Committee Ho Ky Minh on March 6 called on TheCityUK, the industry-led body representing UK-based financial and related professional services, to coordinate with the Vietnamese central locality in building an international financial centre (IFC) there as soon as possible.

Representatives from financial and investment organisations, banks, insurance firms, and major businesses of the UK gathered at a seminar in London on October 23 to discuss experiences in developing international finance hubs, and relevant orientations for Ho Chi Minh City of Vietnam.

VOV.VN - Phan Van Mai, chairman of the Ho Chi Minh City People's Committee, has called for businesses from the US' Oakland city to invest in the southern city’s hi-tech park to produce chips, semiconductors, and new material technologies.

Minister of Planning and Investment Nguyen Chi Dung has met with representatives of the US government agencies, organisations, businesses, investment funds and large corporations to promote cooperation in innovation and technology, research, exchange experiences and attract resources to building an international financial centre and attract investment to high-tech projects in Vietnam.