In his opening speech, Politburo member and National Assembly Chairman Tran Thanh Man said that the International Financial Center is a new model in Vietnam but is a model that has been operating for a long time in Switzerland, when talking about Switzerland, it is a financial and banking center of the world; hoping that Swiss agencies and experts will share and recommend to Vietnam on building, managing and operating the Vietnam International Financial Center.
The National Assembly Chairman also said that at the 9th Session, the Vietnamese National Assembly amended and supplemented a number of articles of the Constitution, issued new ones and amended related laws to carry out the revolution in organizational structure and socio-economic development, attracting foreign investment, and creating favorable conditions for investors.
In particular, on June 27, 2025, the Vietnamese National Assembly passed Resolution No. 222/2025/QH15, regulating the establishment, operation, management, supervision and specific mechanisms and policies applied to the International Financial Center in Ho Chi Minh City and Da Nang to attract capital and promote new growth drivers.
The National Assembly Chairman also stated that Vietnam and Switzerland have a traditional and long-standing relationship. In recent years, political and diplomatic cooperation between the two countries has continued to be strengthened through high-level visits and bilateral dialogues.
Investment cooperation activities between the two countries are also growing. Of which, as of June 2025, Vietnam recorded 214 valid direct investment projects from Switzerland, with a total registered capital of about 2.03 billion USD with main investment sectors including: processing - manufacturing industry (accounting for the largest proportion), commercial services, pharmaceuticals, banking - insurance, and food technology.
At the seminar, leaders of ministries, branches and experts from both sides focused on exchanging and dialogue on the strategy and legal framework for the development of Vietnam's International Financial Centers; factors supporting the establishment and operation of International Financial Centers; Swiss experience in taxes, policies and legal framework for the development of financial centers; Geneva experience - the cradle of Private Banking and the Global Financial Center; updated model of Geneva Traditional Private Banking; viewpoints on Development Finance, Digital Banking, Fintech and Comprehensive Finance; Fintech strategy for the International Financial Center...
Swiss delegates and experts highly appreciated Vietnam's decision to build an International Financial Center, saying that this is an issue of strategic significance, associated with the trend of deep integration of the global financial system.
Many opinions emphasized that Vietnam has enough financial position to develop and build International Financial Centers in line with the era of artificial intelligence. With the legal framework on the International Financial Center approved by the National Assembly, Vietnam is on the right track to develop strongly; hopefully, in the future, the two sides will continue to closely accompany each other, especially in new financial trends.
