The Executive Agency of the Vietnam International Financial Centre in Ho Chi Minh City (VIFC-HCMC) on July 12 announced the establishment of a 13-member Strategic Advisory Board to support the development of the country's future international financial hub.
The advisory body brings together 13 domestic and international experts, including policymakers, financial specialists, leaders of international financial centres and representatives from investment organizations.
Following the announcement ceremony, the agency's executive leadership met with board members to discuss the centre's development strategy and identify priority financial products for its initial phase of operation.
According to the VIFC-HCMC Executive Agency, the advisory board was established to strengthen the centre's strategic planning capacity by drawing on global expertise and international best practices. The board will provide guidance on long-term development, recommend priority financial products and propose governance and operational mechanisms aligned with international standards.
The advisory board is expected to offer independent, practical and globally informed perspectives, helping build a strong professional foundation and enhance the centre's implementation capacity as Vietnam develops a next-generation international financial centre.
Under its development strategy, VIFC-HCMC aims to create a modern international financial ecosystem focused on key sectors, including international capital markets, green finance, trade finance, maritime finance, aviation finance, financial technology (fintech), digital assets, wealth management, financial workforce development and professional financial services.
The centre also seeks to foster stronger links between finance, technology, innovation and high-quality human capital to enhance the competitiveness of Vietnam's financial market and attract greater international investment to support the country's long-term economic growth.
