Speaking at an investment forum on April 14, Nguyen Cong Vinh, Vice Chairman of the city’s People’s Committee, said HCM City aims to evolve into a next-generation financial centre integrated with international markets and driven by technology.
The forum, organised by the Vietnam International Financial Centre in HCM City and HDBank in collaboration with the London Stock Exchange, focused on linking Vietnam’s capital market with the global financial system.
Vinh described the partnership as a milestone in developing the city’s finance and technology ecosystem, strengthening connections between financial institutions and promoting innovation-led models.
He said cooperation with the London Stock Exchange would open access to international capital for Vietnamese enterprises while improving governance standards, transparency and global integration.
The development of Fintech models is expected to further support the ecosystem by connecting banks, investors and businesses, and facilitating overseas expansion for Vietnamese firms.
The city has committed to refining a flexible legal framework aligned with international standards, while ensuring a transparent and stable investment environment to support financial innovation.
At the forum, HDBank and the London Stock Exchange signed a strategic agreement to establish a long-term framework supporting Vietnamese enterprises in accessing global capital markets.
The partnership will focus on cross-border capital mobilisation, including issuing equities, bonds and other financial instruments in London, while enhancing links with institutional investors and improving corporate governance.
Kim Byoungho, chairman of HDBank, said the agreement goes beyond capital raising, helping businesses meet global standards on governance, transparency and sustainable development.
He added that Vietnamese companies require not only funding but also long-term, strategic capital to unlock their potential.
Julia Hoggett, Chief Executive of the London Stock Exchange, said Vietnamese enterprises have demonstrated their ability to meet international standards and expressed confidence in the country’s readiness to attract large-scale global investment.
She noted the partnership reflects London’s continued commitment to supporting emerging markets as Vietnam positions itself among Asia’s most dynamic economies.
HDBank and the London Stock Exchange also signed agreements with several major Vietnamese corporations to support their access to global markets.
A Fintech Hub, a core component of the International Financial Centre, was launched at the event to connect financial institutions, technology firms and investment funds.
A fintech investment fund worth USD 30 million was also introduced to support startups in their growth phase.
Experts said stronger links with global financial centres would enhance Vietnamese enterprises’ ability to raise capital and elevate the country’s role in the international financial system.
Vinh said that with backing from major financial institutions and an expanding technology platform, HCM City has the foundations to become a key destination for global capital flows.
He added that the city aims to emerge not only as Vietnam’s financial centre but also as a regional hub connecting capital, technology and innovation across Asia.
