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Economy

Ho Chi Minh pitches itself as regional financial hub after COVID

Proposal to Hanoi comes as Vietnam seeks to emerge from economic slump

HANOI -- Ho Chi Minh City is moving to develop itself as a financial center in the Mekong region and beyond.

The Ho Chi Minh City People's Committee, the executive arm of the southern Vietnamese city, recently proposed a development plan to Prime Minister Nguyen Xuan Phuc. The proposal is a key pitch ahead of the Communist Party convention in January, which will lay out the country's economic path for the next decade.

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