These are necessary steps to promote the growth of Vietnam’s economy in the coming years, Mr. Binh said, expressing his hope that businesses and experts from Luxembourg will share their experience and knowledge to support this initiative.

The Deputy PM called on the 1,400 members of Luxembourg for Finance, who are successful and reputable investors, banks, funds, and insurance companies, to invest in Vietnam.

Luxembourg for Finance CEO Tom Theobald praised Vietnam's rapid development in recent years and said the agency’s members are ready to share their experience in building and operating an international financial center, including legal issues, public-private partnerships, and connections with other entities in the region and around the world.

Luxembourg businesses expressed their confidence in the development potential of the Vietnamese economy, a dynamic economy with a large domestic market, and showed their great interest in participating in the construction and operation of an international financial center in Vietnam.

They said that, on the basis of existing agreements, the two sides will continue exchanges and expand their cooperation to new fields.