HCM City aims to become regional, int’l financial centre
The Ho Chi Minh City Economic Forum 2019, scheduled to open on October 18, will seek solutions to turn the southern metropolis into a financial centre of the region and the world, heard a press conference on October 8.
HCM City (VNA) – The Ho Chi Minh CityEconomic Forum 2019, scheduled to open on October 18, will seek solutions toturn the southern metropolis into a financial centre of the region and theworld, heard a press conference on October 8.
On the sidelines of the forum, there will be an exhibition displaying productsof local businesses, slated for October 17, and a business matching programme betweenVietnamese and foreign firms on October 19.
Held by the municipal People’s Committee, the annual forum aims to consultdomestic and foreign experts about the city’s socio-economic development, aswell as its key projects, targets and programmes, said Chu Tien Dung, Chairmanof the HCM City Business Association.
During the 2019 forum, municipal leaders, experts and representatives offinancial and investment organisations at home and abroad will look into thesituation, prospects, opportunities and challenges facing the city in resourceattraction and financial service development.
Besides, the delegates will discuss international experience in the field, theecosystem for the sustainable development of an international financial centre,national policies and the role of municipal authorities in this regard, hesaid.
Dr. Vu Thanh Tu Anh, Dean of Fullbright School for Public Policy andManagement, highlighted HCM City’s strategic position in the southern keyeconomic zone, and its significant contributions to the national economy.
HCM City’s objective is not only to maintain its leading position nationwidebut also to narrow the development gap between it and other cities in SoutheastAsia and Asia at large.
Anh, however, pointed out that HCM City is facing direct competitions with manyother major urban areas in the region, and suggested the city seek breakthroughsolutions to attract the attention of financial investors, while buildingstrategies and orientations in financial service development in order to meetdemands of both investors and businesses. /.
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Illustrative image (Photo: VNA) 
