Banking & Finance

The groundbreaking of UOB Plaza Ho Chi Minh City marks a significant milestone as UOB becomes the first foreign bank to establish a purpose-built headquarters within the Vietnam International Financial Centre (VIFC-HCMC), underscoring its long-term ambition in Vietnam’s evolving financial landscape.

Techcombank received The Asian Banker's top regional AI implementation award, while Techcom Life earned two national honors recognizing its flagship life insurance product and AI-powered digital sales platform.

Public investment resources will be concentrated on key sectors, including transportation, urban development, economic and industrial zones, culture, tourism, healthcare, education, science and technology, agriculture, and the environment.

The plan aims to remove Viet Nam from the list of countries subject to increased monitoring issued by the Financial Action Task Force (FATF) – a global money laundering and terrorist financing watchdog.

As the International Financial Center in Vietnam comes into being, the task now at hand is shaping core product portfolios that appeal to investors.

The target is part of the southern city's strategy to become a leading services hub in Southeast Asia.