Private capital funds as cornerstone of IFC plans

Private capital funds as cornerstone of IFC plans

As Vietnam accelerates its ambition to establish an international financial centre (IFC) in Ho Chi Minh City and Danang, the national discourse has understandably focused on the “hardware” of development: regulatory sandboxes, infrastructure connectivity, and tax incentives. These are the necessary foundations of any financial hub.
Priorities for building credibility and momentum within Vietnamese IFCs

Priorities for building credibility and momentum within Vietnamese IFCs

In practice, sequencing and prioritisation are fundamental to the successful development of an international financial centre (IFC).
How Hong Kong can bridge critical financial centre gaps

How Hong Kong can bridge critical financial centre gaps

Vietnam has launched an ambitious plan to establish an international financial centre (IFC) that charts its own distinct path rather than replicating existing regional hubs.
All global experiences useful for Vietnam’s international financial hub

All global experiences useful for Vietnam’s international financial hub

Vietnam’s strategic choices for its international financial centre will define its long-term standing in the global financial community. Speaking with VIR’s Bich Ngoc, Jochen Biedermann, managing director of the World Alliance of International Financial Centres, shared his views on the critical benchmarks for assessing whether Vietnam’s plans are on the correct trajectory.
Raised ties reaffirm strategic trust

Raised ties reaffirm strategic trust

William Lawrenson, British deputy consul general, and Ly Hoang Vu, trade manager for Financial and Professional Services at the British Consulate General in Ho Chi Minh City, write about golden opportunities for Vietnam’s financial market and internationa
Sustained growth can translate into income gains

Sustained growth can translate into income gains

Jochen Schmittmann, regional resident representative for the International Monetary Fund in Vietnam, Cambodia, and Laos, talked with VIR’s Thanh Tung about how the country has performed, and offered some recomme
The vision to maintain a stable monetary policy

The vision to maintain a stable monetary policy

Against a backdrop of global economic uncertainties, Vietnam has maintained robust growth, effective inflation control, and macroeconomic stability. Deputy Governor of the State Bank of Vietnam Pham Thanh Ha shared insights with VIR’s Nhue Man on key monetary policy measures and strategic priorities.
Banking sector faces data governance hurdles in AI transition

Banking sector faces data governance hurdles in AI transition

Dao Hong Giang of FPT IS outlines reforms needed to break banking data silos and accelerate AI adoption in Vietnam.
AI leading to shift in banking roles

AI leading to shift in banking roles

Digital transformation in the banking industry is no longer simply about doing things faster.
Digital banking enters season of transformation

Digital banking enters season of transformation

Each spring invites reflection on change, and within that shift the banking sector, once seen as distant and technical, is becoming deeply embedded in everyday transactions as digitalisation moves beyond the service interface to fundamentally reshape its operational core.
IFC to grant $150 million loan package for VPBank

IFC to grant $150 million loan package for VPBank

The International Financial Corporation (IFC) has proposed a loan package of up to $150 million to Vietnam Prosperity Joint-Stock Commercial Bank (VPBank) to support the growth of the bank’s small and medium enterprise (SME) portfolio.
Nam A Bank forms position as strategic member at VIFC through three key partnerships

Nam A Bank forms position as strategic member at VIFC through three key partnerships

After becoming a strategic investor in the Vietnam International Financial Centre in Ho Chi Minh City, Nam A Commercial Joint Stock Bank has implemented a series of strategic partnerships.
Banks bolster risk buffers to safeguard asset quality amid credit expansion

Banks bolster risk buffers to safeguard asset quality amid credit expansion

Banks are ramping up loan-loss provisions, prioritising stronger balance sheets and asset quality over short-term profit growth.
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