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HCMC rises 3 places in global financial center ranking, surpasses Bangkok

Published on 04.10.25

HCMC rises 3 places in global financial center ranking, surpasses Bangkok

HCMC has risen to 95th on the Global Financial Centres Index, three spots up from earlier this year, overtaking in the process Thailand’s Bangkok for the first time.This marks the Vietnamese city’s highest standing since it first made the semi-annual index compiled by London-based think tank Z/Yen Partners and the China Development Institute in 2022.

The latest index released last week evaluates 135 financial hubs based on factors such as business environment, reputational & general, infrastructure, human capital and financial sector development.

Each is scored based on inputs provided by third-party organizations like the UN, World Economic Forum, World Bank, Transparency International, and World Wide Web Foundation.

Cities were also assessed through online survey responses from 4,877 participants from the financial services sector.

The final GFCI score, which determines their competitiveness as a financial center, is often used by policymakers and investors.

HCMC scored 664, up 10 points from March, and was named among the 15 financial centers projected to see strong growth in the next two or three years. Bangkok fell from 96th to 102nd.

 

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