On the morning of January 4, in Ho Chi Minh City, the Ministry of Planning and Investment coordinated with the People's Committees of Ho Chi Minh City and Da Nang City to organize a conference to announce the Government's resolution on issuing an action plan to implement the Politburo's conclusion on building a regional and international financial center in Vietnam.
Attending the conference were Prime Minister Pham Minh Chinh, Permanent Deputy Prime Minister Nguyen Hoa Binh, Secretary of the Ho Chi Minh City Party Committee Nguyen Van Nen, Minister of National Defense Phan Van Giang, Minister of Public Security Luong Tam Quang, Chief Justice of the Supreme People's Court Le Minh Tri, leaders of ministries and some localities.
According to announcement No. 47-TB/TW concluding the construction of a regional and international financial center in Vietnam, the Politburo has agreed to establish a comprehensive international financial center in Ho Chi Minh City and a regional financial center in Da Nang city.
Speaking at the conference, Minister of Planning and Investment Nguyen Chi Dung said that the conclusion of the Politburo in Notice No. 47-TB/TW is very important, creating a foundation to bring the country into a new era. Ho Chi Minh City and Da Nang converge many factors, and are considered one of the emerging financial centers.
Minister Nguyen Chi Dung added that the international financial center is not a new issue for the world, but for Vietnam it is very new and difficult because there is no precedent. When successful, the financial center will help Vietnam connect to global financial markets, attract foreign financial institutions, provide high-quality financial resources, create a new step for the healthy development of the Vietnamese financial market, integrate Vietnam more deeply, and affirm its sustainable and strong economy.
In the action plan, the Government assigned 49 groups of specific tasks and solutions to 12 ministries, branches and localities, linked to output products, preparation of legal framework and basic conditions.
At the same time, the Prime Minister issued decisions to establish and approve the operating regulations of the inter-sectoral steering committee on regional and international financial centers to unify orientations, make major decisions, and coordinate to ensure smooth and consistent operation of financial centers in accordance with the direction of the Politburo.
In which, focusing on 5 groups: developing modern infrastructure, attracting international talent, promoting financial innovation and developing new financial instruments, expanding integration with global financial institutions, ensuring financial security.
The Government also established a steering committee headed by Prime Minister Pham Minh Chinh; Permanent Deputy Head is Permanent Deputy Prime Minister Nguyen Hoa Binh. The remaining five Deputy Heads include: Secretary of the Ho Chi Minh City Party Committee Nguyen Van Nen, Minister of Planning and Investment Nguyen Chi Dung, Minister of Finance Nguyen Van Thang, Governor of the State Bank Nguyen Thi Hong and Secretary of the Da Nang City Party Committee Nguyen Van Quang.
According to Notice No. 47-TB/TW concluding on the construction of a regional and international financial center in Vietnam, the Politburo agreed in principle that from now until 2030, it is necessary to focus on promulgating and immediately implementing 8 groups of policies in accordance with international practices, suitable for Vietnam's conditions and need to be applied immediately.
At the same time, pilot 6 groups of popular policies in major financial centers around the world, but need an application roadmap to suit actual conditions in Vietnam.
From 2030 to 2035, the organization will fully implement according to the roadmap the popular policy groups in major financial centers in the world in accordance with the actual conditions of Vietnam.
This framework roadmap is relative in nature, it is necessary to speed up the implementation progress as quickly as possible. If the opportunity is favorable and the conditions are ripe, the next steps can be done immediately, without waiting in order.
