Retail

At a seminar on the morning of December 20th, Dr. Nguyễn Trí Hiếu suggested that Vietnam’s feasible goal is to become a regional financial hub before aspiring to global prominence. This perspective comes amid ongoing challenges related to national creditworthiness, capital markets, and currency stability.

Vietnam requires an International Financial Center, not to "catch up" with the world, but to meet its own new growth demands. Prime Minister Pham Minh Chinh emphasizes this as a strategic choice, rooted in the nation's development realities and the global capital restructuring context.

Nasdaq, Binance, Vietcombank, MB Bank, Viettel, and TikTok are among the first names announced as inaugural members of Ho Chi Minh City’s International Financial Center, marking the official launch of its governing body.