Finance

Vietnam Financial Center Takes Shape, Seeking Wall Street Links

The Saigon River in Ho Chi Minh City.

Photographer: Yen Duong/Bloomberg

Vietnam is seeking to create global investor interest in its nascent international financial center, envisaged as an entry point for funds into one of the world’s fastest-growing economies.

“There’s capital stored up all over the world that wants into Vietnam, but it’s a capital-controlled environment,” Rich McClellan, the center’s chief executive officer, said in an interview in Melbourne Tuesday, where he was meeting investors. “I’m probably doing on average three-to-four investor conversations every day.”