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International Finance and the Role of the IFCs

Nov 3, 2026
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Southeast Asia is competing for a larger share of global capital as new financial hubs emerge alongside established centers such as Singapore. Vietnam is the latest contender, with an ambitious “one center, two locations” model spanning Ho Chi Minh City and Da Nang. What does it take to build a competitive financial center today? Where are the opportunities in fintech, green finance, and cross-border capital—and could a new generation of hubs reshape the region’s financial landscape? Ashley Zhang, Chief Representative, Asia-Pacific Regional Office in Beijing, The Institute of International Finance (IIF) Dr Huan Huu Nguyen, Vice Chairman of the Executive Board, Vietnam International Financial Centre in Ho Chi Minh City Warrick Cleine MBE, Chairman and CEO, KPMG in Vietnam and Cambodia Hai Hong Pham, Deputy CEO, UOB Vietnam Nicholas Gordon, Editor, Asia, Fortune