What is Vietnam’s International Financial Centre (IFC)
Vietnam officially announced the establishment of its International Financial Centre last Sunday, December 21, 2025, marking a significant milestone in the country’s financial reform agenda. The IFC follows a “one center, two destinations” model with dual hubs in Ho Chi Minh City and Danang. Ho Chi Minh City is designated as the large‑scale financial gateway focusing on capital markets, banking, fund management, and global capital connectivity. Meanwhile, Danang is positioned as an innovation‑driven center specializing in fintech, wealth management, and green finance. Together, the two cities form Vietnam’s strategic blueprint to attract international institutions and elevate the country’s position in regional finance.
KPMG’s Role in Supporting Vietnam’s IFC
KPMG has been deeply involved in shaping the development of Vietnam’s IFC. We have advised on policy formulation and contributed to Resolution 222 along with its guiding decrees. KPMG has also taken part in high‑level roundtables with the Government and international partners, while supporting industry stakeholders in building governance, regulatory and market frameworks that meet global standards. With the combined role of a trusted technical advisor and an active market partner, KPMG continues to accompany Vietnam across every step of its IFC journey.
How KPMG Can Help
Our end‑to‑end IFC advisory supports investors, regulators and market participants across strategy, regulatory clarity, market entry, operations, and value creation.
Key support areas:
- IFC readiness & market attractiveness assessment
- Regulatory, tax and licensing advisory
- Entity setup, capital and FX structuring
- Operating model, digital and RegTech enablement
- ESG, infrastructure, capital markets & private market expansion
- Transaction advisory, due diligence & exit strategy
The 6-Stage Investor Journey
Select a stage to explore how KPMG can support your IFC investment journey
Stage 1: Strategic Awareness & Entry Consideration
"Does IFC in Vietnam fit my strategy and risk appetite?"
How KPMG Can Help:
- IFC readiness & market attractiveness assessment
- Regional & emerging IFC benchmarking
- Market depth, FX, tax & regulatory diagnostics
- Policy interpretation & investor entry strategy
- Entry scenarios and risk-return framing
Stage 2: Regulatory Clarity & Risk Assessment
"What risks remain? Are gaps and licensing needs clearly defined?"
How KPMG Can Help:
- Regulatory gap & onshore/IFC treatment review
- Licensing pathways & implementation timelines
- Tax & legal entity structuring (treaty access & BEPS)
- Risk & compliance framework design (AML, sanctions, data privacy)
Stage 3: Establishment & Capital Commitment
"Can we set up efficiently and compliantly?"
How KPMG Can Help:
- End-to-end market entry support
- Incorporation, licensing, capital registration
- FX, treasury & capital structuring
- Repatriation planning & liquidity management
- Governance & control framework setup
- Board structures, internal controls, reporting
Stage 4: Operations, Scaling & Market Integration
"Can we scale and operate sustainably within Vietnam's system?"
How KPMG Can Help:
- Operating model & process design
- Front-to-back office alignment
- Technology & digital enablement
- Core systems, RegTech, data governance
- Local market integration advisory
- Partner due diligence and structuring
Stage 5: Ecosystem Deepening & Value Creation
"How do we deepen our footprint and create long-term value?"
How KPMG Can Help:
- Product & market expansion advisory
- ESG, infrastructure finance, private markets support
- Policy dialogue & industry engagement
- Thought leadership with regulators & associations
- Performance & value optimization
- Cost efficiency, profitability, risk-adjusted returns
Stage 6: Maturity, Reinvestment or Exit
"Do we double down, regionalize, or exit?"
How KPMG Can Help:
- Exit readiness & value enhancement
- Financial, tax, and operational optimization
- Transaction advisory & due diligence
- Buy-side and sell-side support
- Post-deal integration or separation
- Governance, systems, people support
The Investor Guide to Vietnam’s International Financial Centre (IFC)
Our end-to-end IFC advisory supports investors, regulators and market participants across strategy, regulatory clarity, market entry, operations, and value creation
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Book a 30-Minute IFC Readiness Call
Speak with our IFC specialists to assess your readiness, understand regulatory requirements, and chart your path to success in Vietnam.
- Complimentary initial consultation with senior advisors
- Tailored insights based on your investment objectives
- Clear next steps and timeline recommendations
Related insights and publications
Policies to attract high-quality personnel to work at IFC
The Government of Vietnam issued several important policies to attract high-quality human resources to work at IFC
Decree 324 on financial policies applicable to the IFC in Vietnam
The Government has recently promulgated Decrees on the establishment and operation of International Financial Center (IFC) in Vietnam
International standards are essential for Vietnam's IFC
Vietnam has potential to develop and operate high standard IFCs
Vietnam – UK Roundtable Discussion
UK and Vietnam Collaborate to Build Foundations for an International Financial Centre in Ho Chi Minh City
Vietnam and UK cooperation backs finance talent for IFCs
Vietnam’s ambition to develop international financial centres is entering a decisive phase
KPMG and ACCA sign strategic partnership
KPMG in Vietnam and ACCA signed a MOU to strengthen collaboration in supporting the establishment and development of Vietnam's IFC
Key Financial Policies for Vietnam’s IFC
Resolution 222 establishing a legal framework for the formation of International Financial Centers in Vietnam
The Strategic Role of Human Capital in Building IFCs
Behind every successful IFC lies a robust ecosystem of talent that not only understands global finance but shapes it
Recap: British Business community in Vietnam meeting with PM
Prime Minister Pham Minh Chinh addresses the meeting with British business community and enterprises operating in Viet Nam
International Financial Center (IFC) in Da Nang
Driving Vietnam’s Economic Growth and Prosperity