Advancing International Collaboration in Financial Development
On January 14, 2026, the Operating Agency of the Vietnam International Financial Centre in Ho Chi Minh City (VIFC-HCMC) held a working session with representatives from the University of Hong Kong (HKU) and the Department of Home Affairs to explore strategic collaboration.
The discussion focused on policy research, talent development, and ecosystem building in finance, fintech, and innovation, supporting the long-term goal of developing VIFC-HCMC in line with international standards.
Learning from the Hong Kong Financial Center Model
During the session, VIFC-HCMC shared its development orientation, drawing reference from the Hong Kong financial center model. The focus is on building a platform capable of attracting international capital while supporting high-growth sectors such as fintech and startups.
The center is expected to develop an integrated financial and technology ecosystem, with key functional zones linked to central areas such as Nguyen Hue, forming a core financial district.
Key Priorities: Capital, Regulation, and Talent
Looking ahead, VIFC-HCMC identified several critical priorities, including mobilizing investment resources, refining the legal and regulatory framework, and developing a standardized talent pipeline.
These elements are essential to ensure that the financial center can operate effectively while meeting international expectations on governance, transparency, and operational capability.
HKU’s Role in Research and Capacity Building
Representatives from the University of Hong Kong expressed strong interest in supporting VIFC-HCMC through research collaboration, policy advisory, and knowledge sharing, particularly in finance and fintech.
In addition, HKU is expected to contribute to training programs and executive education initiatives, helping to equip local professionals and policymakers with international expertise.
Toward Long-Term Strategic Partnership
Both parties agreed to move toward signing a Memorandum of Understanding (MoU), establishing a formal framework for long-term cooperation in research, training, and knowledge transfer.
This partnership highlights the growing role of international academic institutions in shaping financial ecosystems, particularly in emerging markets seeking to accelerate development through global integration.
Outlook
The collaboration between VIFC-HCMC and HKU reflects a broader strategy to combine global expertise with local execution. By integrating policy research, talent development, and international best practices, the initiative strengthens the foundation for building a competitive international financial center in Vietnam.
