Ho Chi Minh City surges 11 spots in global finance rankings for 2026
Ho Chi Minh City has climbed 11 places in the latest Global Financial Centres Index (GFCI 39), now ranking 84th out of 120 global hubs. The improvement reflects growing recognition of its financial sector, with experts pointing to stronger institutional frameworks and deeper market activity. The city has also been highlighted among centres with strong future potential in fintech and finance. The latest GFCI report, released in 2026, shows HCM City rising from 95th to 84th place. This progress follows a series of international engagements aimed at boosting its financial standing. In March 2026, Deputy Prime Minister Nguyen Hoa Binh led a US visit, hosting an investment roundtable with over 100 American firms, co-organised by Warburg Pincus and Vietnam's UN Mission. Discussions also took place at the Vietnam–US Finance and Technology Dialogue, focusing on fintech and global financial integration.
Further meetings with San Francisco Mayor Daniel Lurie and California's State Treasurer secured support for digitalisation, green finance, and the 'one centre – two destinations' model. Under this plan, HCM City would serve as a capital market hub, while Da Nang—currently listed as an 'associate centre'—could soon enter the official rankings. The Asia-Pacific region dominates the top 10, holding six spots, while New York and London remain the leading global financial centres. Within ASEAN, HCM City ranks third, trailing Singapore and Kuala Lumpur. The city also appears in the report's list of '15 Centres Likely To Become More Significant,' with 21 mentions over the past two years.
HCM City's rise in the GFCI reflects its expanding role in global finance, backed by institutional reforms and international partnerships. The city's fintech sector, in particular, has gained attention, with Da Nang also emerging as a potential future contender. These developments position Vietnam's financial centres for further growth in the coming years.
