Da Nang, June 11 -- Vietnam is on the right track with its strategy to develop an International Financial Centre (IFC). Experts both domestically and internationally have praised the decision to avoid concentrating the initiative in a single location, opting instead to create a coordinated financial ecosystem anchored by Ho Chi Minh City - the country's economic powerhouse - and Da Nang - the innovation-driven hub of the central region. This functional zoning model aims to capitalise on the unique strengths of each locality, promoting mutual support and balanced regional development. Testing ground for financial innovation Vietnam has long discussed the establishment of an IFC as part of its broader economic and financial development stra...
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