This article was published in Vietnamese in Đầu tư, the Vietnamese-language investment and business newspaper of Báo Tài chính – Đầu tư.
The article examines Vietnam’s International Financial Centre as a shift from ambition towards institutional capability. Its central point is that an international financial centre is not created by announcements or incentives alone. It requires credible governance, legal reliability, operational discipline, market confidence, and consistent execution.
The publication is relevant because it brings Dr. Sven David’s perspective on institutional design, financial market development, and implementation discipline into Vietnam’s domestic business and policy environment.