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      What is Vietnam 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. 

      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

      ESG & Green Finance

      Turning sustainability ambition into financeable action

      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 IFC

      Our end-to-end IFC advisory supports investors, regulators and market participants

      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

      Events

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        Insights and publications

        Supported by the UK's strategic engagement, the focus is on building the foundations for success: a robust legal framework grounded in English common law, an independent regulatory body, and sophisticated market services

        KPMG recently participated in the “UK - Vietnam Open Conference on International Financial Centre (IFC) 2026: Financial Market Infrastructure”, co-organized by the British Consulate-General in Ho Chi Minh City, BritCham, and Dragon Capital.

        The Government of Vietnam issued several important policies to attract high-quality human resources to work at IFC

        The Government has recently promulgated Decrees on the establishment and operation of International Financial Center (IFC) in Vietnam

        Vietnam has potential to develop and operate high standard IFCs

        UK and Vietnam Collaborate to Build Foundations for an International Financial Centre in Ho Chi Minh City

        Vietnam’s ambition to develop international financial centres is entering a decisive phase

        KPMG in Vietnam and ACCA today signed a MOU to strengthen collaboration in supporting the establishment and development of Vietnam's IFC

        Driving Vietnam’s Economic Growth and Prosperity

        Behind every successful IFC lies a robust ecosystem of talent that not only understands global finance but shapes it

        Prime Minister Pham Minh Chinh addresses the meeting with British business community and enterprises operating in Viet Nam