The International Financial Center located in Ho Chi Minh City and Da Nang City is built on the basis of unification in operations, management, and supervision; has a direction for developing separate products, promoting the strengths of each city;
Ensuring fairness and mutual support, aiming to become a leading international financial center, raising Vietnam's position in the global financial network associated with economic growth momentum.
The International Financial Center in Vietnam will promote sustainable finance, encourage the development of green financial products and mobilize resources for energy transition and green transition projects, contributing to sustainable socio-economic development...
Resolution 222/2025/QH15 clearly states specific policies applied in the International Financial Center.
There are up to 14 specific policies stipulated in the National Assembly resolution. Including foreign exchange policy; policy on banking activities; financial policy, capital market development;
Tax policies applied to the International Financial Center; policies on entry, residence, and labor for experts, managers, and investors; policies on labor, employment, and social security
Policy on construction, environment; experimental financial policy with control for financial services applying technology (FinTech) and innovation; policies for strategic investors; preferential policies by field...
For policies on labor, employment and social security, members are allowed to proactively recruit workers, including foreign workers, according to work needs without being restricted to the proportion of foreign workers, without having to carry out procedures to determine the need to use foreign workers.
Regarding salary and benefits, members are allowed to decide on salary, bonus and other benefits for employees based on agreement in labor contract;
Executive agencies and Supervisory Agencies implementing staff contracts and administrative management funds; are allowed to sign contracts to hire domestic and foreign experts on the basis of agreeing on salary and assigned work;
The basic salary level applied to cadres, civil servants, public employees, salary and allowance recipients and employees working in the Executive Agency, Supervisory Agency is determined according to the market mechanism. The Executive Agency and the Supervisory Agency shall guide the implementation of this regulation.
Management staff, domestic and foreign scientists and experts working at the Executive Agency and the Supervisory Agency are facilitated to arrange public housing or support housing rental costs during their working period;
The Ho Chi Minh City People's Committee and the Da Nang City People's Committee shall submit to the People's Councils at the same level to allocate revenue under their management authority for implementation according to regulations.
