On April 28, at the Government Headquarters, Politburo member and Permanent Deputy Prime Minister Nguyen Hoa Binh chaired a meeting with leaders of a number of ministries, branches, and functional units; financial institutions, banks, investment funds, international investors, etc. on building an international financial center in Vietnam.
This conference aims to continue exchanging, listening to and receiving consultations and recommendations from international organizations, financial institutions, investors, and prestigious domestic and foreign experts on the draft Resolution of the National Assembly on international financial centers in Vietnam.
This Resolution will be considered by the National Assembly at the 9th Session, which will open in early May, to create a legal corridor for the construction and development of an international financial center in Vietnam.
At the conference, opinions affirmed that after many additions and completions, the draft Resolution of the National Assembly on international financial centers in Vietnam up to now has made remarkable progress, in accordance with international practices and standards on the construction, operation and development of modern international financial centers.
Speaking at the conference, Deputy Prime Minister Nguyen Hoa Binh emphasized that in the process of developing, supplementing and perfecting the draft Resolution, despite efforts to achieve outstanding and extremely attractive policies, there are still contents that need to continue to be improved.
These issues have also been clearly mentioned by delegates and there have been specific recommendations; many issues that need to continue to be improved cannot be fully regulated in the Resolution of the National Assembly.
According to the Permanent Deputy Prime Minister, the National Assembly's Resolution on international financial centers in Vietnam has the legal status of a law, but amending and supplementing a National Assembly resolution will be simpler than the law; the provisions in the Resolution are framework issues, issues of principle.
From the Resolution, it is expected that more than 20 groups of issues will be concretized and specifically regulated in Government decrees issued after the Resolution is passed by the National Assembly.
The Permanent Deputy Prime Minister hopes that international organizations, financial institutions, investors, and prestigious domestic and foreign experts will continue to contribute their opinions on policy issues on building international financial centers in Vietnam.
"The comments are not only for the process of drafting the National Assembly's Resolution but also for the process of building a system of Government decrees so that Vietnam not only has a good Resolution but also a good system of decrees on international financial centers," the Permanent Deputy Prime Minister emphasized.
The Permanent Deputy Prime Minister stated that the Vietnamese Government is committed to always accompanying businesses, creating the most favorable conditions for businesses to expand investment in international financial centers in Vietnam as well as invest in other ecosystems that businesses are interested in.
