As ASEAN seeks to strengthen its role amid a more fragmented global economy, Vietnam was placed in the spotlight at the ASEAN Conference 2026, with business leaders pointing to the country's transition toward higher-value investment, major infrastructure development, and financial market reforms as key drivers of its next growth phase.
To establish a commercial bank in the IFC, a wholly domestically-owned bank must have minimum total assets of VND100 trillion ($3.8 billion); a wholly foreign-owned bank must have at least VND10 billion (over $380,000) in assets, while a foreign bank branch's parent must possess minimum total assets of VND20 billion (nearly $760,500).
Semiconductor serves as a foundation for expanded cooperation between the two countries in areas such as AI, digital healthcare, digital education, and fintech.
The two sides reached a strong consensus on the need to build direct connection channels to reduce intermediaries and to promote cooperation in the logistics sector.
The event was held at the National Exposition Centre as the main venue, connected with 79 other sites across the 34 provinces and cities via teleconferencing.