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Vietnam pushes London partnership to shape international finance hub

Vietnam pushes London partnership to shape international finance hub

(VOVWORLD) - Minister of Finance Nguyen Van Thang has asked London’s financial hub to work closely with Ho Chi Minh City and Da Nang to develop an international financial centre in Vietnam.

Finance Minister Nguyen Van Thang presents a gift to London Mayor Alastair King, London, September 17, 2025. (Source: Ministry of Finance)

During a working session in London on Wednesday with Lord Mayor of the City of London Alastair King, Minister Thang thanked the UK for its active role in supporting Vietnam’s efforts to draft a National Assembly resolution on creating an international financial centre.

The City of London, he noted, provided pivotal insights and recommendations to shape the groundwork and development roadmap for this hub.

Mayor King praised Vietnam’s resolve, consistency and close coordination in pursuing the financial centre, stressing the City of London’s readiness to share expertise and collaborate, particularly through TheCityUK.

He welcomed Minister Thang’s proposal to leverage the UK’s centuries-old common law system to cut costs and streamline dispute settlement, and pledged to connect Vietnam with partners to train and nurture financial talent.

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