Vietnam Seeks San Francisco Support for International Financial Centre

San francisco: Permanent Deputy Prime Minister Nguyen Hoa Binh has called on Mayor of San Francisco Daniel Lurie to continue supporting the development of the Vietnam International Financial Centre (VIFC), while encouraging local investors, businesses, and financial institutions to participate in the project. During his visit to the US city, the Vietnamese Deputy PM had a meeting on March 26 (local time) with the mayor, and separate meetings with financial and policy consultants, including overseas Vietnamese experts.

According to Vietnam News Agency, the discussions aimed to strengthen collaboration between Vietnam and San Francisco in the financial sector. Deputy PM Binh emphasized the potential benefits of the VIFC, highlighting opportunities for investment and collaboration that could arise from San Francisco's involvement. The initiative forms part of Vietnam's broader strategy to enhance its financial infrastructure and attract international expertise.

Mayor Lurie expressed interest in the project and acknowledged the longstanding ties between San Francisco and Vietnam. He assured the Deputy PM of his commitment to exploring ways in which the city could contribute to the success of the VIFC. The meeting underscored the importance of international partnerships in advancing financial development projects.

The dialogue with financial and policy advisors, including overseas Vietnamese experts, further reinforced the need for cross-border cooperation. These interactions are expected to pave the way for future engagements and investments that could support the sustainable growth of the VIFC. The project is seen as a significant step in positioning Vietnam as a key player in the global financial arena.

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