Business

National Assembly's Resolution on International Financial Centre issued

The resolution also aims to create an attractive environment for investment in the financial service sector to promote investment attraction and the free movement of international capital between the International Financial Centre and the world; develop the stock and insurance markets, banking activities, fintech, digital assets, commodities, and e-commerce in Vietnam and integrate with international markets.

Vietnam's first International Financial Centre will be located in Ho Chi Minh City and Da Nang city. In the photo: A corner of Ho Chi Minh City – the country’s leading economic, cultural, and tourism hub. (Photo: VNA)
Vietnam's first International Financial Centre will be located in Ho Chi Minh City and Da Nang city. In the photo: A corner of Ho Chi Minh City – the country’s leading economic, cultural, and tourism hub. (Photo: VNA)

Hanoi (VNA) – Vietnam will have special and superior mechanisms and policies to encourage the attraction of capital, technologies, modern management methods, high-quality human resources, and infrastructure development to its first International Financial Centre.

This is part of the Resolution on International Financial Centre in Vietnam freshly signed by National Assembly (NA) Chairman Tran Thanh Man. The resolution clearly stipulates the establishment, operation, management, supervision, and specific mechanisms and policies applicable to the centre.

The resolution also aims to create an attractive environment for investment in the financial service sector to promote investment attraction and the free movement of international capital between the International Financial Centre and the world; develop the stock and insurance markets, banking activities, fintech, digital assets, commodities, and e-commerce in Vietnam and integrate with international markets.

It targets attracting and developing innovation and financial services supporting green and sustainable projects in Vietnam; improving financial services and support services in accordance with international practices; and attracting and developing high-quality human resources capable of providing financial services and related professional services which meet international standards.

When at least one party involved is a foreign individual or organisation, the parties may agree to apply foreign laws to their transactions. However, foreign laws shall not be applied if its application results in consequences that violate the fundamental principles of Vietnamese laws. In cases where the parties do not agree on the applicable laws, the laws of the country most closely connected to the transaction shall be applied.

For transactions related to ownership rights, other rights over real estate, leasing of real estate, or using real estate as collateral, the laws of the country where the real estate is located shall be applied.

To ensure national interests and prevent factors that may threaten national security, legal documents concerning the International Financial Centre may impose restrictions on members./.

VNA
#International Financial Centre #Resolution on International Financial Centre #National Assembly Chairman Tran Thanh Man
Follow VietnamPlus

Vietnam - New era

Related News

The course draws nearly 30 participants, including senior officials from HCM City, Da Nang, ministries, agencies, and commercial banks. (Photo: VNA)

German experts support training for Vietnam’s int’l financial centre

Deputy Minister of Education and Training Nguyen Van Phuc described the establishment of an international financial centre as a strategic move to attract global capital and elevate Vietnam’s economic position. He stressed the need for a skilled workforce trained to international standards to successfully manage the risks and opportunities of deeper financial integration.

See more

Vietnam, RoK expand supply chain, manufacturing cooperation

Vietnam, RoK expand supply chain, manufacturing cooperation

Beyond sourcing products, RoK companies aim to build long-term partnerships with Vietnamese firms through product showcases, business-to-business (B2B) matchmaking, investment opportunities and sustainable supply chain development.

Ho Chi Minh City, GTEL partner on technology transfer for metro network

Ho Chi Minh City, GTEL partner on technology transfer for metro network

The two sides will study and localise key technologies covering signalling, communications, power supply, electromechanical systems (E&M), SCADA, operations control centres (OCC), automatic fare collection (AFC) and platform screen doors (PSD), while advancing technology transfer, workforce development and the capabilities of domestic enterprises.

Vietnamese Ambassador to Laos Nguyen Minh Tam and Lao Deputy Minister of Industry and Commerce Phouthavanh Nanthavong visit a Vietnamese booth at VIETLAO EXPO 2026. (Photo: VNA)

Vietnam-Laos trade targets 10 billion USD

Held on the sidelines of VIETLAO EXPO 2026, the seminar aimed to help businesses explore trade and investment opportunities and foster cross-border production and supply chains.

Standing Deputy Prime Minister Pham Gia Tuc chairs a meeting with representatives of US business associations and companies operating in Vietnam on July 17, 2026. (Photo: baochinhphu.vn)

Standing Deputy PM meets with US business community

Chairing a meeting with representatives of US business associations and companies operating in Vietnam, Tuc praised the US business community for its substantive contributions to Vietnam's socio-economic development as well as the two countries’ relations.

Workers assembles electronic components on the production line at the Bao Sen Co., Ltd. in Bac Ninh province. (Photo: VNA)

Vietnam's economy needs to shift from quantity to quality: ADB experts

Shantanu Chakraborty, ADB Country Director for Vietnam, noted that while achieving strong growth in a single year is encouraging, maintaining both the pace and quality of growth over many years will be essential if Vietnam is to achieve its goal of becoming a high-income country by 2045.

The Long Son Petrochemical Complex, an investment project of Thailand's SCG Group, is located in Long Son commune, Ho Chi Minh City. (Photo: VNA)

Vietnam reshapes FDI strategy with focus on technology, innovation

Politburo Resolution No. 10-NQ/TW, issued on June 8, 2026, recognises the foreign-invested sector as an important component of the national economy, signalling a major shift in the country's investment attraction strategy. Rather than prioritising labour-intensive projects, Vietnam is now seeking high-quality investments capable of driving technological progress, innovation, sustainable development and stronger participation in global value chains.

International tourists love shopping for souvenirs at Hanoi's Old Quarter night market (Photo: VNA)

Hanoi aims to raise tourists' night-time spending to 30%

Hanoi will establish and operate flagship night-time economy zones supported by preferential policies, including heritage and cultural districts in Hoan Kiem, Cua Nam, Ba Dinh, Son Tay and Soc Son; modern entertainment hubs in Tay Ho-West Lake West, My Dinh and Dong Anh; creative economy zones linked to cultural industries such as theatres, cinemas and museums; and cultural tourism and resort destinations in suburban craft villages including Bat Trang, Ba Vi and Huong Son.

Vietnamese Ambassador to Laos Nguyen Minh Tam and Lao Deputy Minister of Industry and Commerce Phouthavanh Nanthavong visit the Vietnamese pavilion at VIETLAO EXPO 2026 (Photo: VNA)

VIETLAO EXPO 2026 helps boost Vietnam-Laos strategic cohesion

The Vietnam-Laos Trade Fair 2026 (VIETLAO EXPO 2026) opened on July 16 in Vientiane, serving as a key platform for businesses from both countries to showcase products, seek partnerships, transfer technologies and expand investment cooperation.

The Vietnam-EFTA FTA is one of the longest-negotiated trade agreements in Vietnam's history. (Illustrative Photo: VNA)

Vietnam-EFTA deal set to further boost bilateral trade growth

The Vietnam-EFTA FTA is one of the longest-negotiated trade agreements in Vietnam's history, reflecting its broad scope of commitments covering trade in goods and services, investment, intellectual property, government procurement, environmental protection, sustainable development, small and medium-sized enterprises (SMEs), and other areas of cooperation.

Passengers and visitors check in at Terminal 1 of Noi Bai International Airport. (Photo: VNA)

Hanoi-Ho Chi Minh City route among world’s busiest

According to IATA’s ranking of global air passenger markets, the US remained the world’s largest market in 2025, with 890.1 million passengers, up 1.6% from 2024. China, the world’s second-largest market, recorded stronger growth of 4.8%, reaching 776.1 million passengers. China is widely forecast to overtake the US and become the world’s largest air passenger market in the 2030s.