The fund’s managing director Christopher Turner shared the plans at an investment promotion seminar for the Vietnam International Financial Centre in New York on March 23 (US time), highlighting Vietnam’s growth potential, start-up ecosystem and technology sector.
Vietnamese officials welcomed the interest, calling for continued partnership in investment, financial market development and implementation of the financial centre model, as well as experience sharing on global best practices.
Warburg Pincus, one of the world’s largest private equity firms, has invested more than USD 2 billion in Vietnam over the past decade, backing projects such as Vincom Retail, Techcombank and MoMo.
In parallel, permanent deputy Prime Minister Nguyen Hoa Binh held working sessions with Nasdaq and New York Stock Exchange to discuss cooperation on capital market development.
Permanent Deputy Prime Minister Nguyen Hoa Binh addresses US investors in New York on March 23 (Photo: VGP)
He called on Nasdaq to support policy dialogue, technology development, governance capacity and training for Vietnam’s stock market and the proposed financial centre. Nasdaq said it is ready to help Vietnamese firms access US capital markets, including potential listings.
Discussions with the New York Stock Exchange focused on sharing expertise in exchange operations, digital market supervision and attracting global investment flows, as well as establishing coordination mechanisms with Vietnamese agencies.
Officials said stronger links with global exchanges would help elevate Vietnam’s financial market and boost international recognition of its planned financial centre.
