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Source: VOV

Deputy PM urges San Francisco to back VIFC investment

Deputy PM Nguyen Hoa Binh has called on San Francisco to support cooperation and encourage investors to participate in the Vietnam International Financial Centre (VIFC).

Deputy PM urges San Francisco to back VIFC investment - 1
Deputy Prime Minister Nguyen Hoa Binh and San Francisco Mayor Daniel Lurie

During a working visit to the United States, Nguyen Hoa Binh began his programme in San Francisco on March 26, following a stop in New York. He held talks with mayor Daniel Lurie and met financial experts, as well as executives from major US companies and investment funds.

At the meeting, he said the Vietnam-US comprehensive strategic partnership is progressing steadily, particularly after Party general secretary To Lam’s visit to the United States in February 2026. Cooperation between Ho Chi Minh City and San Francisco has expanded in economics, finance, and science and technology.

He said the visit aimed to strengthen bilateral ties while calling on US corporations, investment funds and financial institutions to engage in the VIFC. He described the centre as an institutional breakthrough to support economic restructuring and create an effective capital mobilisation channel aligned with Vietnam’s development goals to 2045.

Daniel Lurie highlighted the potential for deeper cooperation and said San Francisco would support efforts to strengthen investment links, including promoting business participation in the VIFC.

At a session with experts, participants said Vietnam could become an attractive destination for international capital as global supply chains are reshaped. They recommended building a transparent and stable legal framework to safeguard investors, alongside developing digital and logistics infrastructure and attracting high-quality human resources.

Nguyen Hoa Binh acknowledged the recommendations and affirmed that Vietnam would develop the VIFC in line with international standards while ensuring investor protection.

In meetings with companies and investment funds including Protiviti, Outlander Capital and Martin Davis, he called for expanded cooperation in financial advisory services, risk management, human resources development and digital assets.

US partners expressed interest in expanding operations in Vietnam and proposed measures to improve the investment environment.

He also invited US businesses and investors to visit Vietnam to explore cooperation opportunities at the VIFC in Ho Chi Minh City and Danang.

Content link: https://dtinews.dantri.com.vn/vietnam-today/deputy-pm-urges-san-francisco-to-back-vifc-investment-20260328144202005.htm