Hanoi, Vietnam, Feb. 11 -- Prime Minister Pham Minh Chinh addresses the opening ceremony of the International Financial Center in Ho Chi Minh City, February 11, 2026 - Photo: VGP/Nhat Bac

Addressing the opening ceremony, Prime Minister Pham Minh Chinh said that amid profound global economic restructuring, intensifying strategic competition, and the relocation of international capital flows toward new hubs, the establishment of an International Financial Center in Viet Nam is an inevitable requirement and a strategic, breakthrough move.

The IFC will not only serve as a hub for capital flows, but also as the "soft infrastructure" of the economy, playing a pivotal role in resource allocation, providing modern financial instruments, enhanci...