Plan to build an international financial center in Da Nang

PHẠM ĐÔNG |

The Government leaders requested to create the most favorable conditions for Da Nang to build an international financial center and remove difficulties for 13 Son Tra Peninsula projects.

The Government Office has just issued Notice No. 340/TB-VPCP on the conclusion of Deputy Prime Minister Nguyen Hoa Binh at the working session with Da Nang City on the plan to implement the construction of an International Financial Center in Da Nang; summarizing the implementation of Conclusion No. 77-KL/TW of the Politburo and Resolution No. 170/2024/QH15 of the National Assembly.

The notice clearly states that Da Nang City needs to proactively implement tasks under the authority and responsibility of the city (especially issues related to planning, infrastructure, human resources, investment promotion); at the same time, closely coordinate with ministries and branches to develop Decrees detailing and guiding the implementation of the Resolution of the National Assembly.

Proactively propose and propose to the Government and the Prime Minister to consider and handle contents beyond the authority of the City to facilitate the City in implementing the construction of the International Financial Center.

The Permanent Deputy Prime Minister requested the Ministries of Finance, Construction, Agriculture and Environment and relevant ministries and agencies to review, guide, and handle according to their authority and legal regulations for recommendations of the People's Committee of Da Nang City related to the implementation of the International Financial Center; propose to report to competent authorities for issues beyond their authority.

The Permanent Deputy Prime Minister also acknowledged and highly appreciated Da Nang's proactiveness and active participation in implementing the Central's instructions on removing difficulties and obstacles related to projects and land in inspection, examination and judgment conclusions.

Up to now, nearly half of the projects that need to be resolved have been resolved, these are the initial results and successes that Da Nang has achieved, and are valuable lessons to replicate in other localities across the country.

The Permanent Deputy Prime Minister requested Da Nang to continue to speed up the progress of removing difficulties and obstacles in a more drastic spirit for projects and land in the conclusion of the remaining inspections and examinations in accordance with the requirements and direction of the Central Government.

Proactively coordinate with the Ministry of National Defense and the Ministry of Agriculture and Environment to focus on accelerating the implementation progress to remove difficulties for 13 Son Tra Peninsula projects and projects with judgments. Da Nang is actively and proactively implementing, not considering extending the implementation time.

The Government leaders also gave their opinions on the proposal to allow the application of adjusting the land use term to 50 years for cases of violations of land use term when granting similar land use right certificates outside the list of 1,313 projects and re-determining land prices of many projects with similar signs of violations.

The Permanent Deputy Prime Minister suggested that Da Nang continue to implement Resolution No. 170/2024/QH15 of the National Assembly and Decree No. 76/2025/ND-CP of the Government.

Regarding the proposal to remove obstacles for the Vinmec Da Nang International General Hospital project, the Permanent Deputy Prime Minister requested the People's Committee of Da Nang City to review and completely handle the difficulties and obstacles of the project according to its authority and in accordance with the provisions of law; report to the Prime Minister on the results before July 30, 2025.

PHẠM ĐÔNG
TIN LIÊN QUAN

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Vietnam develops international financial centers in Ho Chi Minh City, Da Nang

PHẠM ĐÔNG |

Vietnam will develop an international financial center but located in two places, Ho Chi Minh City and Da Nang, with a special and superior mechanism applied.

The Minister of Finance talks about 2 risks that need to be controlled by financial centers

PHẠM ĐÔNG |

The International Financial Center may increase pressure on Vietnam's foreign currency and foreign debt, affecting exchange rates and the banking system.

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PHẠM ĐÔNG |

Regarding incentives for financial centers, the delegate warned that if they are not skillful, "they cannot catch sharks, but they can lure the fish in their intestines and sell all their prey and then leave".