Ho Chi Minh City, Oct. 29 -- Deputy Prime Minister Nguyen Van Thang has asked the Vietnam International Financial Centre in Ho Chi Minh City (VIFC-HCMC) to accelerate procedures for bank licensing, aiming to admit its first official member bank in November.

Thang, who is also Chairman of the VIFC's Executive Council, requested this at a meeting with VIFC-HCMC members and potential investors on October 28, on the sidelines of the Autumn Economic Forum (AEF) 2026 in Ho Chi Minh City, to discuss measures to address bottlenecks.

He urged VIFC-HCMC to move quickly from organisational establishment to substantive operations, from attracting members to developing markets, and from investment commitments to actual transactions.

The Deputy PM a...