The International Financial Centre (IFC) is located in the Thu Thiem New Urban Area, and is being implemented by the Government of Vietnam and the Ho Chi Minh City People’s Committee, with a total investment of approximately VND 172 trillion (equivalent to USD 7 billion).

The project is planned on a total area of approximately 783–898 hectares (with the core area in Phase 1 covering about 9.2 hectares). It will comprise multiple high-rise office, commercial, and financial complexes, providing space for banks, investment funds, financial institutions, fintech companies, and supporting services.

The project was officially launched in February 2026 and is targeted to commence initial operations in 2027, with a strategic focus on attracting international capital flows. A key highlight is the 99-storey financial tower (500 meters tall) at Lot 1.K1.8.HH, envisioned to become a new landmark of the regional financial hub.