Country sets global financial centre targets


Golden opportunity: Workers at a flower nursery in My Tho, Vietnam. Dung’s ministry has unveiled plans to establish two financial centres, one at the international level in Ho Chi Minh City and one at the regional level in Da Nang City. — Bloomberg

HANOI: Vietnam, an emerging financial centre, is seizing a “golden opportunity” to become a competitive player in the international financial arena with progressive legal frameworks and standout initiatives, according to Planning and Investment Minister Nguyen Chi Dung.

Developing regional and international financial centres has been identified as a key institutional breakthrough by the party, state, national assembly and government to bolster growth in tandem with economic restructuring to improve productivity and competitive edge, helping propel the country into a new era – that of the nation’s rise.

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Vietnam , finance , investment

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