Introducing the centre’s role and significance at the 15th legislature’s ongoing 9th session, Binh stated that it will be a diverse ecosystem of financial services concentrated within a specific area, bringing together many financial institutions such as banks, investment funds, financial service companies and trading platforms like securities, currency, and commodities exchanges, along with a wide range of supporting services.

With Ho Chi Minh City ranking 98th out of 121 global financial centres and classified as a "local specialist" in the Global Financial Centres Index (GFCI) released on March 20, Vietnam has a plethora of strategic options to develop its financial hub.

Permanent Deputy Prime Minister Nguyen Hoa Binh on September 10 held working sessions with representatives of some leading groups in Hong Kong (China) as part of his trip to Hong Kong for attendance at the 9th Belt and Road Summit.