Vietnam Poised to Become Financial Hub like Switzerland and Singapore

Written By Lavinia Abirami Selva Kumaran

VN Express | 23 January 2025

Minister of Planning and Investment Nguyen Chi Dung speaks at a meeting Tuesday in Davos, Switzerland, as part of the World Economic Forum. Photo by VnExpress/Anh Tu

Vietnam has the potential to establish itself as an international financial hub by fostering digital asset development, similar to Switzerland, Singapore, and the United Arab Emirates, an analyst has said.

The country can achieve this goal by opening its market to global financial institutions to develop digital assets while fostering collaboration with local private banks, said Roger Leitner, Chairman and CEO of the Swiss Asian Chamber of Commerce, on Tuesday.

The comment was made during a discussion on high-tech investment in Vietnam held in Davos, Switzerland, as part of the ongoing World Economic Forum. The discussion gathered over 30 representatives of global companies.

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Lavinia Abirami Selva Kumaran
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