Nguyen Hoa Binh arrived in New York on March 21 for a visit running until March 30, leading a Vietnamese delegation.
The trip aims to introduce policy incentives and the legal framework for Vietnam’s international financial centre to US investors and businesses, while strengthening ties with banks, investment funds and technology firms.
The delegation is also expected to exchange experience on developing financial centres, managing digital assets and establishing trading platforms, as well as advancing bilateral financial and investment cooperation.
During the visit, the deputy prime minister will meet US officials, regulators and leaders of financial institutions, alongside experts and business representatives.
Vietnam’s government formally approved the establishment of the international financial centre under Decree 323 on December 18, 2025.
The project follows a “one centre, two locations” model, with hubs in Ho Chi Minh City and Danang.
Ho Chi Minh City is positioned as the main financial hub, focusing on capital markets, banking, fund management and listing services, and acting as a gateway to global capital flows.
Danang, meanwhile, is being developed as a specialised financial centre, with a focus on fintech, wealth management and green finance, leveraging its infrastructure and quality of life to attract investment.
