On December 21, at the Government Office, Politburo member and Prime Minister Pham Minh Chinh chaired a conference to announce the establishment of the International Financial Center (FIC) in Vietnam.
The conference was attended by Politburo members: Standing member of the 14th National Party Congress Documents Subcommittee Nguyen Van Nen, Permanent Deputy Prime Minister Nguyen Hoa Binh, Minister of Public Security Luong Tam Quang.
Also attending were Secretary of the Party Central Committee, Minister of Foreign Affairs Le Hoai Trung; members of the Party Central Committee, Deputy Prime Minister: Le Thanh Long, Nguyen Chi Dung, Pham Thi Thanh Tra; leaders of ministries, branches, agencies, localities; members of the Prime Minister's Policy Advisory Council; diplomatic agencies, associations, financial institutions, investment funds, large corporations, and prestigious domestic and international experts.
Building a Center for International Investment is an issue identified by the Party, State and Government as one of the institutional breakthroughs, a policy decision to free up resources, promote the transformation of the growth model associated with economic restructuring, to improve productivity, efficiency and national competitiveness, contributing to bringing our country into a new era, an era of the Vietnamese nation's rise.
According to the Ministry of Finance, this conference is an event of special significance, marking a new step in the national socio-financial development strategy, demonstrating the strong determination of the Party, State and Government of Vietnam in the process of deep integration with the global economy.
The conference took place with 3 main goals:
First, officially announce important documents to establish a full legal framework for the Center for Market Management in Vietnam;
Second, affirming the strong commitment of the Vietnamese Government to building a stable, transparent, safe and investor-friendly financial environment;
Third, convey a clear message to the international community that Vietnam is ready to accompany, cooperate and share development opportunities.
Based on the Government's proposal, on June 27, 2025, the National Assembly issued Resolution No. 222/2025/QH15 on the Center for TCQT in Vietnam.
This is the first and important, solid legal framework in the process of building, operating and developing the TCQT Center in Vietnam.
To implement Resolution No. 222/2025/QH15 of the National Assembly on the Center for TCQT in Vietnam, the Government has issued Decrees guiding the implementation of this Resolution.
In particular, Decree No. 323/2025/ND-CP dated December 18, 2025 of the Government has issued regulations on the establishment of the TCQT Center in Vietnam. The Decree has stipulated a model of organizing the management agency of the Central Executive Committee, including: An executive council and two management agencies in two cities.
Implementing the above policies, the Prime Minister signed and issued Decision No. 2755/QD-TTg dated December 18, 2025 to establish the Executive Council of the TCQT Center in Vietnam, including 3 articles regulating the members, functions, tasks and powers of the Executive Council.
