PM Chairs Meeting on Vietnam’s International Financial Centre

Hanoi: Prime Minister Pham Minh Chinh chaired a meeting with relevant agencies to discuss and give opinions on the draft Resolution of the National Assembly to develop an international financial centre with incentives aligned to international standards.

According to Vietnam News Agency, the meeting focused on formulating strategies to position Vietnam as a key player in the global financial sector. The proposed financial centre aims to attract foreign investment and enhance Vietnam’s economic growth by offering incentives that meet international benchmarks.

Officials in attendance reviewed the draft Resolution, assessing its potential impact on Vietnam’s financial landscape. Discussions also included considerations on regulatory frameworks and infrastructure development necessary to support the centre’s growth. The meeting underscored the government’s commitment to fostering a competitive and open financial environment.

The proposed international financial centre is part of Vietnam’s broader economic strategy to integrate more deeply into the global economy. By aligning with international standards, Vietnam aims to improve its financial services sector, increase transparency, and attract multinational corporations.

The Prime Minister emphasized the importance of collaboration among governmental agencies to ensure the successful implementation of the financial centre. The meeting concluded with directives for further refinement of the draft Resolution to address any outstanding issues.