MBV LAUNCHES BUSINESS HEADQUARTERS AT VIFC-HCMC, PARTNERING WITH MB TO ACCELERATE RESOURCE MOBILIZATION FOR HO CHI MINH CITY’S KEY PROJECTS

HANOI — On July 10, 2026, the VIFC Building (No. 08 Nguyen Hue, Ho Chi Minh City) hosted the Comprehensive Cooperation Agreement Signing Ceremony between the Viet Nam International Financial Center in Ho Chi Minh City (VIFC-HCMC), MB Group, and Modern Vietnam One Member Limited Liability Bank. The event concurrently marked the official launch of the MBV Business Headquarters at the VIFC-HCMC building.

This event takes place as Ho Chi Minh City approaches the 50th anniversary of officially bearing the name of President Ho Chi Minh, while establishing a concrete presence of a financial institution within the ecosystem of the Viet Nam International Financial Center in Ho Chi Minh City.

Speaking at the event, Mr. Nguyen Hong Van, Vice Chairman of the Executive Body of the Viet Nam International Financial Center in Ho Chi Minh City, emphasized: "A financial center is not built merely by buildings, but by the institutions operating within it." Therefore, the presence of MBV is not simply an opening ceremony, but a positive signal demonstrating that VIFC-HCMC is proactively preparing the necessary conditions to progressively realize the objective of building a modern international financial center with regional and global competitiveness.

Furthermore, the Representative of the VIFC-HCMC Executive Body affirmed three core commitments: expeditiously finalizing the licensing procedures and operational regulations; accompanying the parties to institutionalize the Memorandum of Understanding (MoU) into phased implementation plans; and continuing to foster an operational environment aligned with international standards, spanning infrastructure, high-quality human resources, and connectivity with the global financial community.

A notable highlight of the cooperation agreement between VIFC-HCMC, MB, and MBV is its direct alignment with these priority directions. Accordingly, the VIFC-HCMC Executive Body and MB Group will collaborate to formulate financial solutions aimed at attracting domestic and foreign investors, contributing to the mobilization of approximately USD 2 billion in resources to serve infrastructure projects and key public works in Ho Chi Minh City.

MB and its member companies will also participate in financial advisory, exploring underwriting capabilities and distribution networks during the international bond issuance process. Concurrently, the parties will jointly research a commodity exchange platform, centralized depository, and clearing system for digital assets, multi-assets, and modern payment infrastructure, thereby laying the groundwork for subsequent product groups at VIFC-HCMC.
Acting as the spearhead of execution within the ecosystem, MBV will directly deliver integrated financial-banking products and solutions—combining traditional services with modern financial models on digital technology platforms—to VIFC-HCMC members, businesses, as well as domestic and international investors.

In addition, MBV will partner in pioneering the research and piloting of new business models driven by digital transformation. This includes digital assets, tokenized assets, and advanced fintech solutions within the regulatory sandbox framework once authorized by competent authorities.

Representatives of the municipal leadership also affirmed that the City will continue to accompany and create favorable conditions for MBV, MB Group, and other financial institutions operating at VIFC-HCMC. The leadership will further direct the Executive Body to urgently finalize operational regulations, licensing processes, and incentive policies in the spirit of Resolution No. 222/2025/QH15 passed by the National Assembly and relevant Government Decrees.