Prime Minister Pham Minh Chinh proposed that leaders of multinational corporations and leading US investment funds help Vietnam build and develop a financial center during a seminar and working dinner in New York on September 21 (local time).

He sought their experience and political consultation in mobilizing financial resources and building the financial center in Ho Chi Minh City.

Vietnam continues to develop its stock market and corporate bond market and hopes to receive consultancy and support from businesses and investment funds to build and develop other markets, such as land-use rights, science, and labor, in order to mobilize different development resources and attract both direct and indirect investment, Prime Minister Chinh said.

He stressed that Vietnam will focus on promoting the green, digital, and circular economies and developing science and technology and innovation to engage more deeply in the global investment structure, trade order, and supply chains, while continuing to open its market, attract high-quality foreign investment, support businesses in science and technology development, strengthen investment in infrastructure, and focus on high-quality human resources training.

The country will continue to improve its business environment, ensuring the legal and legitimate rights and interests of investors, and creating optimal conditions for investors to operate effectively and sustainably, he said.

Leaders from businesses and investment funds noted that Vietnam has been evaluated as a bright spot in investment attraction, with many favorable factors for the development of a modern financial market towards the formation of a financial center capable of linking with regional and international financial centers.

They advised Vietnam to learn from international experience while choosing the model and method of building its financial center in conformity with international practice and the country’s actual circumstances.