Finance
Vietnam Financial Center Takes Shape, Seeking Wall Street Links
The Saigon River in Ho Chi Minh City.
Photographer: Yen Duong/BloombergVietnam 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.”