Ho Chi Minh City has announced the first 10 members of Vietnam's first International Financial Center (IFC), according to the municipal People’s Committee.
These organisations are among more than 50 investors and institutions that have expressed interest in participating in the IFC.
In the field of digital infrastructure and global digital assets, major players such as Binance, Circle, the Alliance of Onchain, Dragon Capital, and Tether have shown interest.
Meanwhile, infrastructure investment for the IFC has attracted companies including REE and a joint venture between Cathay United and Pension One Group.
In the technology sector, Viettel Group, TikTok, and FPT Corporation are among the participants.
The establishment of Vietnam’s International Financial Center was officially announced on December 21, marking a significant milestone for Ho Chi Minh City and Da Nang city, where the IFC is headquartered. It is expected to serve as a new growth driver while strengthening Vietnam’s, and particularly Ho Chi Minh City’s, position on the global financial map.
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