Nearly 100 delegates participated the workshop. (Photo: CPV)

In his speech at the event, Chairman of the city People’s Committee Nguyen Thanh Phong said that since 2001, Ho Chi Minh city has identified finance as one of its nine key service industries. So far, the financial sector has on average grown 8.8% a year and accounted for 5.7% of the city’s GRDP; helping it mobilize about VND460 trillion a year.

However, the biggest obstacle is that the city cannot form a financial center of international scale to meet the demand of 13 million local residents and more than 7 million foreign visitors.

Therefore, the workshop is expected to help the city listen to ideas of experts, scientists, and investors to develop the southern hub into a regional and international financial center in the near future.

Meanwhile, Secretary of the city Party Committee Nguyen Thien Nhan asked the authorities at all levels to step up administrative reform and improve business climate; promote the development of smart urban area and application of artificial intelligence; complete transport infrastructure; and continue boosting start-up programs./.