Prime Minister Pham Minh Chinh has underlined the importance of making an institutional breakthrough for the development of the International Financial Centre (IFC) in Viet Nam, and viewed this as the core competitive edge.

A Government delegation led by Permanent Deputy Prime Minister Nguyen Hoa Binh is paying a working visit to Singapore from January 10 to 14 to learn the city state’s experience in developing an international financial centre (IFC).

The Government has clearly defined the development orientation of the International Financial Centre in Da Nang as a modern international financial hub closely linked with the innovation ecosystem, digital technology, and sustainable finance.

Eight decrees recently issued by the Government have created a breakthrough legal framework for the International Financial Centre, removing bottlenecks and aiming to elevate Viet Nam’s standing in global capital flows.

The establishment of the International Financial Centre (IFC) in Viet Nam was announced at a conference in Ha Noi on December 21, with Prime Minister Pham Minh Chinh described the move as a moment for the country to open its door wide to fintech integration and economy greening, helping it reach the developed and high-income status in the near future.

Deputy Prime Minister Ho Duc Phoc had a meeting with Chief Executive of the Hong Kong Special Administrative Region (HKSAR) John Lee Ka-chiu on December 19 as part of his working visit to Hong Kong, China.

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.

The 15th National Assembly on December 5 discussed the draft law on the establishment of a specialised court at the International Financial Centre (IFC) at its ongoing 10th session.

Prime Minister Pham Minh Chinh held a working session in Ho Chi Minh City on November 25 with representatives from foreign enterprises in the financial sector attending the 2025 Autumn Economic Forum to discuss the development of an international financial centre ecosystem in Viet Nam.

Policies for the International Financial Centre (IFC) must be groundbreaking and superior, with open, transparent and business-friendly principles to attract all stakeholders, Prime Minister Pham Minh Chinh said at the Government’s thematic session in Ha Noi on November 4.

Viet Nam regards the establishment of an international financial centre as one of the key institutional breakthroughs and an important move to unlock resources, accelerate growth model transformation associated with economic restructuring and enhance national competitiveness, Prime Minister Pham Minh Chinh said on November 4.

Concluding a conference on the establishment of the International Financial Centre (IFC) in Viet Nam on November 1, Prime Minister Pham Minh Chinh underscored that despite challenges, efforts must be accelerated to ensure the centre is up and running this November.

A conference discussing the building of an international financial centre (IFC) in Viet Nam was held under the chair of Prime Minister Pham Minh Chinh on November 1.

Viet Nam looks forward to stronger cooperation with Hessen in developing an international financial centre, as well as in labour and employment, given Germany’s growing demand for healthcare and technical workers and Viet Nam’s capacity to meet it, according to Deputy PM Nguyen Hoa Binh.

A high-level delegation from Viet Nam’s Supreme People’s Court led by its Chief Justice Le Minh Tri paid an official visit to the UK from October 13 to 16.

If Viet Nam stays on the right path, its international financial centre could become a promising new destination, said UAE Minister of Artificial Intelligence Al Olama.

​Deputy Prime Minister Nguyen Hoa Binh have met with top UAE officials, including ADGM Chairman Ahmed Jasim Al Zaabi, to discuss strengthening bilateral investment ties and developing Viet Nam’s international financial centre (IFC).

Permanent Deputy Prime Minister Nguyen Hoa Binh on September 22 highlighted the need to establish a transparent legal framework with outstanding preferential policies that are predictable and in line with international practices for investors engaging in developing Viet Nam’s international financial centre.

Vietnamese Minister of Finance Nguyen Van Thang has urged London’s financial hub to work closely with Ho Chi Minh City and Da Nang to develop an international financial centre in Viet Nam.

Over the past 15 years (September 1, 2010 – September 1, 2025), the Mercantile Exchange of Viet Nam (MXV) has developed from three initial commodities to more than 50 globally connected products. With its international integration and modernised infrastructure, MXV has established a pioneering position in the strategy of developing an international financial centre.