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Proposals for global financial centres picking up steam 14:00 | 21/04/2021
Tremendous attention has recently been placed on building an international financial centre in both Danang or Ho Chi Minh City, as Vietnam could profit handsomely from its reputation as a future offshore hub for high-profile financial services.
Danang, along with Ho Chi Minh City, are deemed the best options for creation of a global financial hub
Ambitions to turn Vietnam into a global financial hub are gaining shape, with Ho Chi Minh City submitting its bid for development and a multinational private-sector consortium getting green-lit to make plans for Danang.
Le Hong Giang, director of Investment Strategies at Tactical Global Management in Australia, said that fintech would be the core factor turning Vietnam into an international financial centre (IFC) by emerging as an efficient payment system buttressing and stimulating the development of commercial banks as well as i