Vietnamese Deputy Minister of Finance Nguyen Duc Chi and State Securities Commission Chairwoman Vu Thi Chan Phuong (second and fourth from right) pose with Austrian representatives. Photo: SSC
At an investment forum in Vienna on Monday, Vietnamese Deputy Minister of Finance Nguyen Duc Chi said the country needs substantial capital to support its goal of becoming a developed, high-income economy by 2045.
Vietnam is seeking long-term investment while pledging equal treatment and protection of investors’ legitimate rights and interests, he said.
Among the country’s priorities is the development of an international financial center each in Ho Chi Minh City and Da Nang, with a focus on fintech, green finance and regulatory sandbox mechanisms.
The stock market is also expected to play a bigger role in attracting global capital.
From September 21, 2026, Vietnamese stocks are set to be included in FTSE Russell’s global equity indices as the market moves from frontier to secondary emerging-market status, according to the Ministry of Finance.
Vietnam said it would continue reforms to improve transparency, market safety and accessibility for international investors.
Representatives of government agencies, organizations and businesses from both countries held direct discussions, explored cooperation needs and looked into specific investment opportunities. Photo: SSC
At the Vienna forum on Monday, the Vietnamese side proposed deeper cooperation in three key areas, including efforts to advance full ratification of the EU-Vietnam Investment Protection Agreement, or EVIPA.
Vietnam also called on Austrian banks, investment funds, financial groups and fintech companies to participate more actively in its financial market, particularly as strategic investors.
Other potential areas include high technology, artificial intelligence, renewable energy, transport infrastructure, smart cities, green finance, carbon credits and the circular economy.
Vietnam is currently Austria’s largest trading partner in ASEAN.
Austria has 49 active investment projects in Vietnam with a total registered capital of nearly US$150 million, while around 60 Austrian companies operate representative offices or branches in the country.
The two sides also signed a €150-million framework agreement on financial cooperation in June 2025, providing a platform for future programs and projects.
Barbara Eibinger-Miedl, state secretary at Austria’s Ministry of Finance, said there remained significant room for stronger cooperation in finance, investment, innovation and the green transition.
Representatives of Vietnam’s State Securities Commission also briefed investors on the scale and potential of the country’s stock market, regulatory reforms and measures to strengthen supervision.
Vietnamese and Austrian financial institutions meanwhile discussed international fundraising, sustainable finance and green capital, as well as factors that could draw more European investment into Vietnam.
The September 14 forum in Vienna, titled “Connecting Investment between Vietnam and the Republic of Austria,” comes as Vietnam intensifies engagement with international financial centers and institutions to broaden its investor base and mobilize capital for its next stage of economic growth.
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