Vietnam financial centre says its first 10 members to mobilise $2.7 billion

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AdvertisementAdvertisementBusiness28 Oct 2026 01:21PM (Updated: 28 Oct 2026 01:24PM) Bookmark Bookmark WhatsApp Telegram Facebook Twitter Email LinkedInAdd CNA as a trusted source to help Google better understand and surface our content in search results.Read a summary of this article on FAST.Get bite-sized news via a newcards interface. Give it a try.Click here to return to FAST Tap here to return to FASTFAST HANOI, Oct 28 : Vietnam's International Financial Center said on Wednesday its first 10 members are expected to mobilise and invest about $2.7 billion in the country's business hub Ho Chi Minh City through 2027.Among the initial 10 members are holding companies linked to Keppel Asset Management, AG&P LNG and VinaCapital International Partners, the centre said in a statement.• Those members are expected to invest about $2.7 billion and have disclosed commitments to mobilise more than $2 billion for infrastructure, energy, data centres, education and renewable energy projects, it said• In addition, Keppel is exploring co-investment platforms with global partners that could mobilise up to $1 billion more, it saidShow MoreShow Less• The government is focusing on international financial centres in Ho Chi Minh City and Danang as part of a broader strategy to attract foreign investment, deepen capital markets and strengthen Vietnam's role in regional finance• Under legislation approved last year, financial centre members will be allowed to access international financing and conduct transactions in foreign currencies• The centres will operate under international accounting and financial standards, including capital adequacy and liquidity requirements applicable to both domestic and foreign-owned banksSource: ReutersNewsletterWeek in ReviewSubscribe to our Chief Editor’s Week in ReviewOur chief editor shares analysis and picks of the week's biggest news every Saturday.Sign up for our newslettersGet our pick of top stories and thought-provoking articles in your inboxSubscribe hereGet the CNA appStay updated with notifications for breaking news and our best storiesDownload hereGet WhatsApp alertsJoin our channel for the top reads for the day on your preferred chat appJoin hereAlso worth readingContent is loading...Expand to read the full storyGet bite-sized news via a newcards interface. Give it a try.Click here to return to FAST Tap here to return to FASTFAST