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Economy

HCM City at heart of plans for financial hub

Ambitious goal: A view of the Ho Chi Minh City skyline. The government says it wants to attract 100 financial institutions from the Fortune 500 to the city of 10 million. — dpa

HANOI: The Planning and Investment Ministry (MPI) has unveiled a draft proposal to develop Ho Chi Minh (HCM) City, Vietnam’s largest economic hub, into an international financial centre.

The proposal said there are favourable factors in the domestic market, as well as those in the global financial system, that link the city with regional and international financial centres.

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FinancialCentre , HCMCDevelopment , VietnamEconomy , ForeignInvestment , GlobalFinance , FintechInnovation

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