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Update news international financial center
Ho Chi Minh City unveils 12 investment projects worth $13 billion
Vietnam's largest economic hub has announced 12 major investment projects spanning seaports, logistics, urban development, manufacturing and high technology, highlighting its push to attract capital into key growth sectors.
Ho Chi Minh City weighs bond issues to fund major infrastructure projects
Ho Chi Minh City is considering municipal and project bond issues through Vietnam's international financial center to raise medium- and long-term capital for major infrastructure projects while easing pressure on public finances and bank lending.
Vietnam International Financial Centre in Da Nang ranked 71st globally
The Vietnam International Financial Centre in Da Nang (VIFC-DN) has been ranked 71st among 117 financial centres worldwide in the latest Global Financial Centres Index (GFCI), an official said on October 1.
HCM City needs VND800 trillion, but has VND142 trillion from state budget
HCM City’s economy is recovering strongly after Covid-19, but while investment demand is huge, the budget is limited.
