The center has mobilized committed capital of nearly $10 billion.

Prime Minister Pham Minh Chinh attended the launching ceremony
of Vietnam’s International Financial Centre in Ho Chi Minh City (VIFC–HCMC)
on February 11, marking a significant step in the country’s financial sector
development.

Speaking at the event, the Prime Minister said the centre is
expected to attract and channel capital into priority areas such as strategic
infrastructure, core industries, logistics, green growth, and digital
transformation. It will also equip Vietnamese enterprises with modern financial
tools to enhance their participation in global value chains.

The center is envisioned to help transform Vietnam’s role
from a passive capital recipient into a more active contributor to regional and
global financial markets, he added.

According to the master plan, VIFC–HCMC covers 898 hectares
across Saigon and Ben Thanh wards and the Thu Thiem New Urban Area.

At the ceremony, authorities introduced key institutions of
VIFC–HCMC, including its executive authority, a specialised court, and an
international arbitration centre. The centre’s official website was also
launched, and certificates were presented to founding and strategic members.

Although only recently operational, VIFC–HCMC has already
reported several tangible and practical initial results, reflecting strong
implementation capacity and readiness for the international financial center
model.

Among the highlights is the establishment of an Aviation
Financial Centre with total committed capital of up to $6.1 billion,
demonstrating early confidence from international investors and financial
institutions in the centre’s development orientation and operating mechanisms.
A Maritime Financial Centre is also being gradually rolled out to support trade
finance, logistics, and supply chain activities linked to global commerce.

In infrastructure and urban development, VIFC–HCMC has
mobilised $2 billion for smart urban data infrastructure programs and financial
solutions supporting Ho Chi Minh City’s development, reinforcing its role as a
bridge between capital markets and the real economy.

Notably, the city has also established a US$1 billion
on-chain economy investment fund, focusing on blockchain, asset tokenization,
and next-generation digital financial models, creating space for
experimentation and growth in advanced financial technology.

VnEconomy-Hoàng Lan