Prime Minister Phạm Minh Chính has instructed ministries and local authorities to accelerate preparations so that Việt Nam’s International Financial Centre can begin operations by November 2025.
Experts said Việt Nam’s planned International Financial Centre could help nurture future unicorns and attract global capital with flexible policies and open digital infrastructure.
Speaking at the Government’s meeting on Tuesday to discuss eight draft decrees guiding the implementation of the National Assembly’s Resolution 222/2025/QH15 on the development of the IFC in Việt Nam, PM Chính urged breakthrough and superior mechanisms to attract international...
The building of an IFC aims to not only attract investment or connect with the world but also develop new and efficient governance mechanisms, policies, and models, PM Phạm Minh Chính has said.
The Ministry of Justice on October 3 held a pivotal seminar focusing on the development of a comprehensive legal framework for Việt Nam’s emerging International Financial Centres (IFCs).
Deputy Prime Minister Nguyễn Hoà Bình have met with top UAE officials, including ADGM Chairman Ahmed Jasim Al Zaabi, to discuss strengthening bilateral investment ties and developing Việt Nam’s international financial centre (IFC).
By the end of 2025, the Government aims for International Financial Centres (IFC) in HCM City and Đà Nẵng to become operational, creating a breakthrough in attracting financial resources and contributing to economic and social development.
HCM City, as the country’s largest economic and financial hub, is expected to take the lead in key areas such as capital markets, banking and commodity trading. Meanwhile, Đà Nẵng, with its strategic location and open-minded spirit, holds great potential...
The SBV’s draft decree stipulates that member banks of the IFC will not benefit from early intervention, special control measures, restructuring support, or special loans in case of distress. Instead, the resolution approach will be license revocation, dissolution, bankruptcy, and...
The Alliance serves as a platform for banks committed to embedding sustainability in their strategies while financing the transition to low-carbon, resilient and inclusive economies.
The State Bank of Vietnam (SBV) has proposed that all electronic money transfers of US$1,000 or more at the shaping International Financial Centre (IFC) must be reported.