The World Financial Discussion board and the Folks’s Committee of Ho Chi Minh Metropolis established the Vietnam Centre for the Fourth Industrial Revolution (C4IR Vietnam).
It has signed a strategic partnership with Ant Worldwide by way of a MoU.
The partnership goals to advance Vietnam’s digital economic system, foster innovation, and assist Ho Chi Minh Metropolis’s (HCMC) ambition to grow to be a global monetary centre and a regional fintech hub.
Vietnam’s Prime Minister Pham Minh Chinh and HCMC Folks’s Committee Chairman Nguyen Van Duoc officiated the announcement on the Ho Chi Minh Metropolis Financial Discussion board 2025.
The collaboration seeks to speed up Vietnam’s Fourth Industrial Revolution agenda.
It additionally goals to reinforce HCMC’s world competitiveness and enhance entry for small companies.
Past cost infrastructure, the partnership will deal with creating the home fintech ecosystem by way of regulatory innovation and expertise growth.
Chairman Nguyen Van Duoc hoped that working with Ant Worldwide would advance the town’s monetary centre targets, digital transformation, and expertise growth.
He acknowledged the corporate’s contributions to monetary expertise and digital funds, emphasising a spirit of partnership.
“We play collectively and win collectively,”
he mentioned.
The partnership will deal with a number of key areas.
It’ll promote HCMC as a global monetary centre by advising on regulatory methods and offering coverage assist.
It’ll allow native innovation by way of joint initiatives and expertise capacity-building. It’ll improve the competitiveness of SMEs utilizing Ant Worldwide’s options.
It’ll additionally develop next-generation expertise by way of complete coaching and mentorship in digital finance, cross-border funds, and fintech operations.
Ant Worldwide, which already operates in Vietnam, will progressively broaden service provider entry whereas monitoring progress in the direction of HCMC’s monetary centre targets.
“Vietnam is without doubt one of the most enjoyable digital economies on the earth at the moment, powered by forward-looking coverage, a vibrant startup ecosystem, and fast-growing native expertise pool,”
mentioned Peng Yang, CEO of Ant Worldwide.
He added that HCMC has the potential to grow to be a world-leading monetary centre and that Ant Worldwide is dedicated to supporting Vietnam as a regional innovation hub.
Featured picture credit score: Ant Worldwide