Hanoi: Deputy Prime Minister Nguyen Van Thang has called on Swiss financial institutions, tech firms, and investment funds to participate in developing Vietnam's international financial centre (IFC) as he met representatives of the canton of Zug, the venture capital fund Crypto Valley, and local businesses on July 28 during his working visit to the European country.

According to Vietnam News Agency, Deputy PM Thang emphasized the importance of collaboration between Vietnam and Switzerland in the financial sector to bolster economic growth and development. During the meeting, he highlighted the potential benefits both nations could reap from a strengthened partnership, particularly in the areas of finance and technology.

The Deputy Prime Minister's visit underscores Vietnam's commitment to fostering international partnerships and enhancing its financial infrastructure. By inviting Swiss entities to contribute to the development of Vietnam's IFC, Thang aims to create a dynamic environment that attracts global investors and supports sustainable economic expansion.

Representatives from the canton of Zug, known for its thriving financial and tech ecosystem, expressed interest in exploring opportunities for collaboration. The engagement with Crypto Valley, a leading venture capital fund, further signals the potential for significant investments in Vietnam's burgeoning financial sector.

As Vietnam continues to position itself as a key player in the global financial landscape, the involvement of Swiss financial institutions and tech firms could play a crucial role in accelerating its growth and integration into the international market.