Image Credits: TTXVN
On September 30, the Prime Minister convened a meeting with key government officials and the steering committee tasked with developing regional and international financial centres in Vietnam. During this meeting, he emphasized the need for a clear definition of the scope and operational models for these centres, which are intended to foster financial market development and enhance financial services.
The Prime Minister underscored that the financial centres are designed to mobilize resources for the growth of Ho Chi Minh City and Da Nang, as well as for the country as a whole. To achieve this, he urged relevant ministries and local governments to focus on essential factors such as infrastructure, human resources, and the overall financial ecosystem.
In addition, he called for the establishment of a robust legal framework that would include visa and tax incentives aimed at attracting both domestic and international financial investments. The emphasis on green and digital finance reflects a broader commitment to sustainable economic growth.
The Prime Minister’s directives aim to create a safe, integrated financial market that fully leverages the unique potential of both Ho Chi Minh City and Da Nang. He highlighted the importance of consulting international models to ensure that the proposed financial centres are feasible, effective, and tailored to Vietnam’s specific conditions.
As the government pushes forward with this initiative, the focus remains on creating an environment conducive to investment and innovation within the financial sector. The successful implementation of these financial centres is expected to play a pivotal role in Vietnam’s economic transformation, positioning the country as a competitive player in the regional and global financial landscape. The Prime Minister’s call to action sets the stage for a more coordinated effort among ministries, local authorities, and stakeholders to achieve these ambitious goals.