Hanoi, April 2 -- Ho Chi Minh City (VNA) - Vietnam International Financial Centre (VIFC) requires clearer operational mechanisms to translate growing global recognition into substantive progress, according to Richard D. McClellan, CEO of the VIFC in Ho Chi Minh City. Speaking at a socio-economic press briefing held by the Ho Chi Minh City People's Committee on April 2, McClellan noted that in the newly released Global Financial Centres Index 2026 (GFCI 39) rankings, Ho Chi Minh City climbed 11 places to rank 84th among 120 global financial centres. However, he emphasised that the improved ranking mainly reflects initial market recognition rather than the full operational capacity of an international financial hub. McClellan said the impro...