Ho Chi Minh City: Prime Minister Pham Minh Chinh on January 21 attended a roundtable on developing the Centre for the Fourth Industrial Revolution (C4IR) and an international financial centre in Ho Chi Minh City, where he expressed his hope to learn from foreign friends’ experiences in this work. The Davos event, organised by HCM City and Sovico Group, witnessed the participation of Secretary of the municipal Party Committee Nguyen Van Nen, along with ministers and officials from various ministries, agencies, and localities. Executives from leading Vietnamese enterprises such as Viettel, VNPT, Vietnam Electricity (EVN), Vietnam Railways Corporation, FPT Corporation, and Sovico Group were also present at the event.

According to Vietnam News Agency, Prime Minister Chinh emphasized the importance of international collaboration in developing robust financial centres that can adapt to the rapidly evolving global economic landscape. The roundtable provided a platform for the exchange of ideas and strategies on harnessing the potential of the Fourth Industrial Revolution to enhance financial infrastructure and services in Vietnam.

The event highlighted Ho Chi Minh City’s strategic vision to become a global hub for finance and innovation, aiming to leverage technology and international partnerships. Participants discussed potential challenges and opportunities in establishing a modern financial centre, focusing on regulatory frameworks, technological integration, and sustainable development.

The Prime Minister’s call for shared experiences underscores Vietnam’s commitment to fostering international cooperation as it seeks to position itself as a key player in the global financial arena. The involvement of major Vietnamese enterprises in the discussion signifies the country’s readiness to embrace new technologies and innovative solutions in its economic development strategy.