PM Pham Minh Chinh stressed that it is necessary to build modern, digitally advanced financial centres with smart operation and management systems as well as high-quality human resources.

The Politburo has given the green light for a project to develop a regional financial centre in Da Nang and assigned relevant agencies to develop a special policy framework.

Vietnam, an emerging financial centre, is seizing a “golden opportunity” to become a competitive player in the international financial arena with progressive legal frameworks and standout initiatives, according to Minister of Planning and Investment Nguyen Chi Dung.

Argentine media has lauded Vietnam’s landmark decision to establish an international financial centre in Ho Chi Minh City – the nation’s economic and commercial powerhouse, marking a pivotal shift in the Government’s economic development strategy.

Prime Minister Pham Minh Chinh has signed a decision on the organisation of the Steering Committee on formulating the project on building regional and international financial centres.

Eleven large corporations have registered to study investment in areas under Da Nang’s newly-adjusted planning just after the central city announced information on its adjusted planning by 2030 with vision until 2045 at a ceremony on March 29.