Vietnam Economy Turning HCMC into financial hub called difficult: experts The Saigon Times Daily Saturday, Oct 19, 2019,18:20 (GMT+7) Turning HCMC into financial hub called difficult: expertsThe Saigon Times Daily Deputy Prime Minister Vu Duc Dam speaks at the HCMC Economic Forum on October 18 – PHOTO: VGP HCMC – HCMC has great potential to attract financial resources, but the path to become a regional and international financial hub will face numerous challenges and strong competition, according to experts at the HCMC Economic Forum on Friday. While discussing the theme, “Developing HCMC into a global financial center,” the forum brought together more than 800 delegates, including government leaders, representatives of the diplomatic corps and financial experts at home and abroad, reported the Vietnam News Agency. Deputy Prime Minister Vu Duc Dam said in his opening remarks that HCMC plays an important role as Vietnam’s largest economic and financial center, noting that turning the city into a regional and global financial hub is not only its own wish, but also a common target for the entire country. Therefore, he called for the formulation of special mechanisms and policies to facilitate the process. Meanwhile, the city’s chairman, Nguyen Thanh Phong, said the financial market is important… Read full this story
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