10:30 31/03/2025

bet88 comHCMC financial hub positioned as engine for national innovation, competitiveness

Minh Huy

"bet88 com development of bet88 com financial center is one of bet88 com strategic spearheads to help transform bet88 com growth model, improve resource utilization efficiency, and strengthen Vietnam's position on bet88 com international stage," Minister of Finance stated.

Illustrative Phobet88 com
Illustrative Photo

"bet88 com year 2025 is considered a pivotal year in bet88 com Socio-Economic Development Strategy, as it is bet88 com final year of bet88 com 2021-2025 plan, and a strategic stepping stone for bet88 com accelerated period of 2026-2030, aiming to turn Vietnam into a country with a modern industry and upper-middle income by 2030, and a developed nation by 2045," stated Minister of Finance Nguyen Van Thang.

To achieve this ambitious goal, Vietnam has identified bet88 com development of bet88 com financial center as one of its strategic priorities, serving as a breakthrough in institutional development at bet88 com national level, bet88 com minister spoke at bet88 com "Building a financial center in Vietnam" conference, held in HCM City on March 28.

"bet88 com development of bet88 com financial center is one of bet88 com strategic spearheads to help transform bet88 com growth model, improve resource utilization efficiency, and strengthen Vietnam's position on bet88 com international stage," emphasized Minister Nguyen Van Thang.

Meanwhile, Chairman of bet88 com Ho Chi Minh City People's Committee Nguyen Van Duoc affirmed that Ho Chi Minh City is well-positioned to take on a leading role in this strategy.

bet88 com city boasts a dynamic and internationally integrated economy, contributing approximately 15.5% of Vietnam's GDP, accounting for more than 25.3% of total national budget revenue, and nearly 11.3% of bet88 com country's export turnover, according to bet88 com Chairman of bet88 com municipal People's Committee.

HCM City is bet88 com largest trade, service, and financial hub in Vietnam, housing bet88 com headquarters of numerous banks, credit institutions, securities companies, fund management firms, and significant domestic and foreign investors, he further explained.

Minister Thang added that while bet88 com concept of a financial center is not new globally, for Vietnam, it is an unprecedented initiative. He stressed bet88 com importance of a balanced approach: "Vietnam will learn by doing, without being hasty but also without being overly perfectionist, to avoid missing opportunities."