Asia Sentinel

Asia Sentinel

Business/Economy

Without Judicial Independence, Financial Centers Are an Illusion

Lessons for Vietnam

Jan 15, 2026
∙ Paid
By: Khanh Vu Duc

Across Asia, governments have long aspired to build international financial centers, announcing master plans, offering tax incentives, investing in infrastructure and promising regulatory reform. Yet the list of true successes remains strikingly short. Singapore made it. Hong Kong once did. Dubai’s DIFC did. Most others didn’t. The reaso…

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