Philip J. Weights, Co-President of the Swiss Financial Technology Association (Fintech Switzerland). Photo: Doan Tan/VNA

In a recent interview with the Vietnam News Agency on the threshold of the country’s 80th National Day (September 2), J.Weights shared insights on Vietnam's socio-economic achievements over the recent past and its determination to establish a financial centre in Ho Chi Minh City and Da Nang city.

Given his extensive work across Asia, he suggested that in the initial phase of the center development, Vietnam should focus on securing success in the region rather than aiming for the global market.

Cooperation is the key to regional success, he said, adding that Vietnam could learn valuable lessons from major regional financial centers like China’s Hong Kong and Singapore. The Swiss expert welcomed the Vietnamese National Assembly’s adoption of a resolution on the establishment and operation of the international financial center as well as related special mechanisms for it.