HCM City seeks to develop financial centre


Economic hub: People dining along the Saigon River in Ho Chi Minh City. The city with an estimated population of 10 million is considered the business hub of Vietnam. — Bloomberg

HO CHI MINH CITY: Vietnam’s largest economic hub, has unveiled an ambitious plan to seek a total of 172 trillion dong or about US$6.6bil to develop an international financial centre (IFC) over the next five years.

The proposed IFC will be situated in downtown District 1 and part of the Thu Thiem New Urban Area, spanning a total of 783ha.

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Vietnam , IFC , Fintech

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