The building of an IFC aims to not only attract investment or connect with the world but also develop new and efficient governance mechanisms, policies, and models, PM Pham Minh Chinh has said.
The proposed Dong Nai FTZ will cover more than 8,200 hectares across seven sites connected with Long Thanh International Airport and Phuoc An Port. It will consist of four functional zones, namely a high-tech industrial production area, a logistics hub, a financial and commercial services centre, and an innovation cluster.
Prime Minister Pham Minh Chinh on August 2 instructed Ho Chi Minh City and Da Nang city, to mobilise resources and lay the groundwork for the development of Vietnam’s International Financial Centre (IFC).
With over 25 years of experience in the life insurance and financial services industry across Asia, Kwon brings a strong track record of driving growth, operational excellence, and customer-centric innovation.
Despite economic uncertainties, overall job orders in the third quarter of this year held stable compared to the same period last year, driven by robust hiring in manufacturing and tentative signs of recovery in banking and financial services, according to a report released by the payroll, recruitment and human outsourcing agency Adecco Vietnam.
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.
Laos and Thailand launched cross-border QR payment linkage on April 3, aiming to promote innovation and access to financial services for the benefit of their people.
Vietnam stocks are among the best performers in Southeast Asia to start 2024, and the VanEck Vietnam ETF (VNM) is participating in the rally, reported the US’s etftrends.com on March 19.
The Republic of Korea (RoK)’s Woori Bank inaugurated its new branch in the Mekong Delta city of Can Tho on November 8, increasing the number of its offices in Vietnam to 21 after 26 years of operation in the country.
The southern province of Binh Duong wishes to strengthen cooperation with and attract more investment from Laval city in Canada’s Quebec region, as well as Canadian businesses, said Vice Chairman of the provincial People’s Committee Mai Hung Dung.
Deputy Prime Minister Le Minh Khai hosted a reception for a Swiss business delegation led by Andreas Gerber, head of Small- and Medium-sized Enterprise (SME) Business Switzerland, in Hanoi on November 11.
Singapore wants to be a global crypto hub, but not be a centre for trading and speculating on cryptocurrencies, Ravi Menon, the managing director of the Monetary Authority of Singapore (MAS), has said.
A workshop held in Hanoi on June 16 underlined the need for financial technology (fintech) services for the development of small- and medium-sized enterprises (SMEs).
Mobile Service JSC (M-Service) – the biggest e-wallet firm in Vietnam said it had raised 200 million USD from global investors for its MoMo e-wallet service during the Series E (5th) financing round.
The AEON 1% Club Foundation, a member of Japanese retail and financial services corporation AEON, granted 60 scholarships to Vietnamese university students at an online ceremony on November 24.
Singapore's tech unicorn Grab will remain focused on Southeast Asian markets even after it goes public in the US, co-founder and CEO Anthony Tan told Asia Nikkei Review.
Traveloka, Southeast Asia’s largest online travel startup, plans to launch financial services in Vietnam and Thailand as it eyes a listing in the US, its president said.
The People’s Committee of Ho Chi Minh City has asked for the Government’s support of its scheme to make the city a regional and international financial hub.
