Hanoi, Vietnam, Dec. 6 -- Prime Minister Pham Minh Chinh (standing) chairs the Cabinet meeting in Ha Noi, December 6, 2025 - Photo: VGP

Over the past few decades, sovereign wealth funds have grown rapidly and become highly influential investors in the global financial system.

These funds typically pursue various objectives, including, fiscal stabilization; reducing budget volatility caused by fluctuations in oil, gas, or other commodity prices; saving for future generations; supporting national economic development via restructuring and developing state-owned enterprises; and enhancing international influence.

Through strategic investments, sovereign wealth funds can build economic-political relationships with global partners.

To help...