(NLDO) - The project to build an international financial center in Ho Chi Minh City approved by the Politburo is a new driving force for the city to accelerate, develop, and make breakthroughs.
On January 2, Secretary of the Ho Chi Minh City Party Committee Nguyen Van Nen chaired a working session to listen to a report on the preparation work for the Conference to announce the Government's decision to issue the Action Plan to implement Conclusion No. 47-KL/TW dated November 2024 of the Politburo on building a regional and international financial center (TTTC) in Vietnam.
It is expected that on January 4, the Conference to announce the Government's Resolution on promulgating the Action Plan to implement the Politburo's Conclusion on building regional and international financial centers in Vietnam will take place in Ho Chi Minh City. The Conference is organized by the Ministry of Planning and Investment, Ho Chi Minh City People's Committee and Da Nang City People's Committee.
Chairman of the City People's Committee Phan Van Mai said that the Government Standing Committee will decide to launch the Central Steering Committee and two local Steering Committees in Ho Chi Minh City and Da Nang to implement the construction of the financial center.
On this basis, Ho Chi Minh City will establish a Steering Committee for the construction and development of an international financial center headed by Ho Chi Minh City Party Secretary Nguyen Van Nen; the members will include about 29 leaders of relevant agencies and departments in the city.
Secretary of the Ho Chi Minh City Party Committee Nguyen Van Nen is the Head of the Steering Committee for the construction of the Ho Chi Minh City International Financial Center. Photo: Thai Phuong
According to Mr. Phan Van Mai, establishing an international financial center in the city is a very important, new and difficult task. This is a new impetus and driving force for the city's development in the coming time and we need to prepare ourselves mentally to carry this out.
City leaders requested departments and branches to proactively propose policies related to infrastructure, human resources, and organizational structure of the International Financial Center.
"The five important factors are policy mechanisms; investment in infrastructure; human resources; organizational structure and investment environment in the most favorable direction for investors" - Mr. Phan Van Mai said.
Speaking at the meeting, Secretary of the Ho Chi Minh City Party Committee Nguyen Van Nen stated that the city had made preparations for the establishment of an international financial center very early, with much research and learning from other international financial center models in the world. The city also organized many seminars, discussions, and consulted with experts and scientists, and at the same time, assigned the State Financial Investment Company (HFIC) to be responsible for advising, monitoring, and coordinating with central agencies.
The implementation of the International Financial Center will be a new driving force for the city to accelerate, develop, and make breakthroughs in the coming time... Photo: Hoang Trieu
Currently, the city has made relatively complete preparations, preparing to issue a decision to establish the International Center for Information and Communications and other plans. Agree to establish a Steering Committee with 29 members, headed by the Secretary of the Ho Chi Minh City Party Committee; with the structure and composition of members being heads of relevant agencies. Establish a support team headed by the Chairman of the City People's Committee, to manage and direct the work...
Secretary Nguyen Van Nen requested the agencies to urgently issue regulations and operational plans; assign the agencies to coordinate to prepare documents to submit to the National Assembly in the meeting in May 2025 as requested by the Government Standing Committee. Including policies, mechanisms, legal corridors... to ensure the operation of the Ho Chi Minh City International Financial Center.
"The city has Resolution 98 on specific mechanisms, so it is necessary to rely on this basis to build appropriate mechanisms and policies for the international financial market, creating new opportunities commensurate with its potential and advantages. This is an extremely important initial result, a new driving force for the city to accelerate, develop, and make breakthroughs in the coming time with the desire for double-digit growth... This is also an opportunity to attract international investors, increase FDI capital into key economic sectors. The city will attract many investors in the banking sector, investment funds, and large financial enterprises in the region and the world" - Secretary Nguyen Van Nen said.
Source: https://nld.com.vn/bi-thu-nguyen-van-nen-lam-truong-ban-chi-dao-trung-tam-tai-chinh-quoc-te-tp-hcm-196250102134619481.htm
![[Photo] Prime Minister Pham Minh Chinh chairs Government Conference with localities on economic growth](https://vstatic.vietnam.vn/vietnam/resource/IMAGE/2025/2/21/f34583484f2643a2a2b72168a0d64baa)
Comment (0)