PM calls on partners to share experiences in int’l financial centre development

Prime Minister Pham Minh Chinh on January 21 attended a roundtable on developing the Centre for the Fourth Industrial Revolution (C4IR) and an international financial centre in Ho Chi Minh City, during which he expressed his hope to learn from foreign friends’ experiences in this work.

Vietnam plans to develop an international financial centre in Ho Chi Minh City. (Photo: VNA)
Vietnam plans to develop an international financial centre in Ho Chi Minh City. (Photo: VNA)

Davos (VNA) - Prime Minister Pham Minh Chinh on January 21 attended a roundtable on developing the Centre for the Fourth Industrial Revolution (C4IR) and an international financial centre in Ho Chi Minh City, during which he expressed his hope to learn from foreign friends’ experiences in this work.

The Davos event, organised by HCM City and Sovico Group, saw the attendance of Secretary of the municipal Party Committee Nguyen Van Nen; ministers and officials of various ministries, agencies, and localities; along with executives from leading Vietnamese enterprises such as Viettel, VNPT, Vietnam Electricity (EVN), Vietnam Railways Corporation, FPT Corporation, and Sovico Group.

Notably, it featured the participation of leaders from more than 40 organisations and top global enterprises in technology, energy, and finance, including Automatic, Ava Labs, Bangkok Bank, Brosnan, C4IR, Grab, GS Engineering & Construction Corp, Heineken, HSBC, Intel, JIBC, Manulife Financial, Mastercard, Mountain Partners AG, Swiss FinTech Association, The Perot Group, and VISA; and representatives from the WEF.

Speaking at the roundtable, PM Chinh emphasised that both topics of the discussion are closely connected to the WEF.

Thanks to joint efforts by all parties, the C4IR has been inaugurated in HCM City, and the construction of the International Financial Centre in the city is also underway, he shared, affirming that the establishment of the C4IR has played a significant role in promoting science and technology, innovation, and digital transformation.

To ensure the effective operation of the two centres, Vietnam will continue to perfect its institutional framework toward greater openness and streamlined procedures, and to maximise resources for development. Efforts will also focus on accelerating the construction and modernisation of infrastructure, and promoting human resources training, he stated.

The Vietnamese Government leader called on domestic and international businesses, as well as leaders of ministries, sectors, and HCM City, to share experiences and discuss issues of interest, particularly obstacles, and to provide recommendations for accelerating and driving the breakthrough development of the two centres.

He emphasised the importance of creating iconic projects and products in the city to celebrate the nation’s major anniversaries, foster confidence and mettle, and contribute to the country's entry into a new era – that of strong development, prosperity, and happiness for the Vietnamese people.

At the event, participants discussed the role of the C4IR and its potential to become a technology hub in the ASEAN region and the world. They shared experiences in developing financial centres and highlighted opportunities for development cooperation with the international financial centre in Ho Chi Minh City, particularly recommendations for Vietnam and investment plans in the country.

They focused on strategies to attract capital and international partners, aiming to turn HCM City into a leading financial centre in the region and the world. They also emphasised the role of this centre as an important bridge linking international businesses and the Vietnamese market.

Pledging to support Vietnam in developing the C4IR and the HCM City international financial centre, they proposed that Vietnam should continue to perfect its institutional framework as well as hard and soft infrastructure such as transport, energy, logistics, and digital infrastructure; implement incentive policies; promote the market; and build an ecosystem for the development of science and technology, innovation, digital transformation, and finance.

Nguyen Thanh Hung, Founder and Chairman of Sovico Group, said that important achievements of Sovico in areas such as aviation, finance, and real estate serve as a foundation for it to continue investing in new strategic fields such as technology, digital infrastructure, and renewable energy.

Sovico is committed to accompanying the Government in national initiatives on artificial intelligence and semiconductor, helping to build high-tech capabilities and develop a modern and intelligent Vietnam with fast and sustainable development in the new era. He said he believes that the country will become a new high-tech hub in the region in the future.

At the event, Secretary of the HCM City Party Committee Nguyen Van Nen and Vietnamese ministers clarified queries of foreign investors and businesses.

The city’s representative thanked participants for their heartfelt and valuable comments, saying that the city will study and incorporate these into its development strategy.

HCM City also expressed a desire to continue receiving support and advice from international friends on institutional improvement, human resources training, management experience, and modern infrastructure development, and calling on international financial organisations to come to operate at its international financial centre./.

VNA

See more

State President Luong Cuong, on behalf of Party and State leaders, delivers the Lunar New Year message. (Photo: VNA)

State President Luong Cuong conveys Tet greetings on New Year’s Eve

On the occasion of the Lunar New Year (Tet) 2026, at the sacred moment of transition between the old and new year, State President Luong Cuong, on behalf of Party and State leaders, has delivered a message of greetings to all compatriots, comrades, and soldiers nationwide, and the Vietnamese community abroad as well.

Novice monks at Pho Phuoc pagoda in Thailand are very interested in learning about Vietnamese culture, customs, and traditional Lunar New Year practices through making banh chung and banh tet. (Photo: VNA)

Vietnamese communities abroad celebrate Lunar New Year 2026

Vietnamese communities around the world have been celebrating the Lunar New Year (Tet) with cultural events that highlight traditional customs, strengthen community bonds, and introduce Vietnamese heritage to international friends.

Party General Secretary To Lam visits Ho Chi Minh Relic Site within the Presidential Palace complex (Photo: VNA)

Party chief offers incense in tribute to kings, President Ho Chi Minh

Party General Secretary To Lam offered incense in tribute to the nation’s forefathers at the Thang Long Imperial Citadel and to President Ho Chi Minh at House 67, part of the Ho Chi Minh Relic Site within the Presidential Palace complex in Hanoi on February 16, or the 29th day of the last lunar month.

Vietnamese Ambassador Dang Minh Khoi and Lao Ambassador Shiphandone Oybuabuddy with officials and staff of the two embassies. (Photo: VNA)

Vietnam, Laos share festive spirit ahead of Lunar New Year 2026

In a warm and festive atmosphere, officials and staff from the two embassies exchanged new year wishes for peace, development and success, reaffirming the great friendship, special solidarity and comprehensive cooperation between Vietnam and Laos.

Defence Attaché of Vietnam to Laos Colonel Phan Huu Thang speaks at the event (Photo: VNA)

Vietnam–Laos special relationship remains inseparable

No matter how complex and unpredictable global and regional developments may become, Laos and Vietnam will remain inseparable, said Senior Lieutenant General Vongsone Inpanphim, Secretary of the Party Central Committee, Deputy Minister of National Defence and Director of the General Political Department of the Lao People’s Army.

Minister of National Defence General Phan Van Giang (R) hosts Michael DeSombre, US Assistant Secretary of State for East Asian and Pacific Affairs, in Hanoi on February 13. (Photo: qdnd.vn)

Minister of National Defence meets with US Assistant Secretary of State in Hanoi

Stressing that Vietnam will keep close coordination and create the best possible conditions for activities related to the search for US personnel missing in action, Defence Minister Phan Van Giang also called on the US to enhance information sharing on documents and artefacts related to Vietnamese soldiers who laid down or went missing during the war.

Party General Secretary To Lam (right) receices US Assistant Secretary of State for East Asian and Pacific Affairs Michael DeSombre in Hanoi on February 13. (Photo: VNA)

Party chief receives US Assistant Secretary of State

The US attaches great importance to its Comprehensive Strategic Partnership with Vietnam, supports a strong, independent and prosperous Vietnam, and wishes to enhance strategic-level cooperation with the country both bilaterally and on regional and international matters.

General Luong Tam Quang, Politburo member and Minister of Public Security, receives US Assistant Secretary of State for East Asian and Pacific Affairs Michael DeSombre in Hanoi on February 13. Photo: VNA

Vietnam, US enhance security, law enforcement cooperation

The Ministry of Public Security stands ready to strengthen cooperation with the US in combating transnational crime, said Minister Luong Tam Quang while receiving US Assistant Secretary of State for East Asian and Pacific Affairs Michael DeSombre in Hanoi on February 13.

Vietnamese Ambassador to Russia Dang Minh Khoi (L) and other speakers at a plenary session of the international conference on Vietnam. (Photo: VNA)

Russian scholars highlight strategic vision of CPV’s 14th Congress

Professor Vladimir Mazyrin, Director of the Centre for Vietnam and ASEAN Studies, emphasised the significance of Vietnam’s long-term vision. He observed that if the country achieves developed-nation status within the next two decades, it could rank among the world’s top 20 economies by GDP, thereby enhancing its global standing.