Da Nang proactively takes solutions to develop a regional financial center

Việt NamViệt Nam04/01/2025


DNO - On the morning of January 4, at the conference to announce Resolution No. 259/NQ-CP of the Government dated December 31, 2024 on promulgating the Action Plan to implement Notice No. 47-TB/TW dated November 15, 2024 of the Politburo on building a regional and international financial center in Vietnam, Central Party Committee member, Secretary of the City Party Committee, Head of the City National Assembly Delegation Nguyen Van Quang gave a speech on the implementation of the Politburo's Conclusion on building a regional financial center in Da Nang.

Secretary of the City Party Committee Nguyen Van Quang speaks at the conference. Photo: VGP
Secretary of the City Party Committee Nguyen Van Quang speaks at the conference. Photo: VGP

Secretary of the City Party Committee Nguyen Van Quang said that in recent times, leaders of the Party, State, central departments, ministries and branches have always paid attention to, directed and closely coordinated with Ho Chi Minh City and Da Nang City in the process of implementing the policy of building a regional and international financial center in Vietnam.

The Politburo's Conclusion Notice No. 47-TB/TW on the construction of a regional and international financial center in Vietnam is a very important document, demonstrating the thinking, vision and strategic orientation of the Politburo.

The development of a competitive regional and international financial center in Vietnam will create a strong breakthrough for the economy, solving difficulties and problems in mobilizing and effectively using resources, especially mobilizing capital to serve the country's socio-economic development in general, serving key national projects;

Contribute to enhancing the role, position, prestige and influence of Vietnam in the international arena, preparing for a new era, the era of the Vietnamese people's rise.

The Politburo's conclusion outlined six main contents, in which the Standing Committee of the Ho Chi Minh City Party Committee and the Standing Committee of the Da Nang City Party Committee were assigned to lead and direct the research and issuance of specific documents within their authority, and to invest appropriate resources to implement the contents of the regional and international financial center project.

In the past time, the Government Standing Committee and the Prime Minister have resolutely directed and requested ministries, ministerial-level agencies, agencies under the Government, Ho Chi Minh City and Da Nang City to study and develop specific plans to ensure drastic, effective, synchronous, comprehensive and consistent implementation of the goals, requirements and solutions set out in the conclusions of the Politburo.

Implementing the direction of the Politburo in the Prime Minister's Conclusion Notice No. 47-TB/TW, Da Nang city proactively discussed and worked directly with the Ministry of Planning and Investment and relevant ministries and branches to contribute comments on the draft Action Plan on building a regional and international financial center in Vietnam.

At the same time, the city also proactively deployed the development of the Plan of the Standing Committee of the Da Nang City Party Committee on the implementation of the Conclusion Notice No. 47-TB/TW of the Politburo in the city.

In particular, the conclusions of Deputy Prime Minister Nguyen Hoa Binh at the meeting on December 17, 2024 on the Government's Action Plan to implement Notice 47-TB/TW of the Politburo were absorbed and supplemented, ensuring synchronous implementation, close to the city's reality; with specific assignments of presiding and coordinating units and implementation time with specific groups of tasks and solutions.

The first is the task force to implement the Government's action plan. Recently, the city has established a Steering Committee and a Working Group of the Da Nang City Party Committee on the construction and development of the Da Nang Financial Center; organized propaganda and dissemination of the implementation of Notice No. 47-TB/TW and the Government's plan.

Second, proactively coordinate with the Ministry of Planning and Investment to develop legal documents and draft Resolutions of the National Assembly on the establishment of regional and international financial centers in Vietnam, striving to soon advise the Government to submit to the National Assembly at the 9th session of the 15th National Assembly.

Third, review and prepare the infrastructure for the construction of the Financial Center, and in the immediate future, call for strategic investors to build the infrastructure of the Financial Center on an area of ​​about 6 hectares in Son Tra district facing the sea. This location is of interest to many investors and is included in the master plan approved by the Prime Minister.

Fourth, prepare to develop projects and training programs, cooperate with international training institutions in training human resources to serve the International Financial Center in Da Nang city; develop plans to send Da Nang city officials to study and practice at major international financial centers in the world.

Fifth, the city is proactively and actively coordinating with the Ministry of Planning and Investment to develop plans, programs, and related contents to organize the international conference "Developing Regional and International Financial Centers in Vietnam" on January 16, 2025 in Da Nang city.

Thereby introducing the policy and orientation for the development of regional and international financial centers in Vietnam, promoting the potential and favorable conditions of financial centers in Vietnam, as well as consulting with management agencies, strategic investors, organizations, financial institutions, investment funds, consulting companies and domestic and foreign experts on specific and outstanding mechanisms and policies to develop regional and international financial centers in Vietnam.

Within the framework of the conference, Da Nang city will promote the signing of a memorandum of understanding on cooperation on a number of related issues such as: researching and proposing specific and outstanding mechanisms and policies; promoting and inviting investors, developing human resources... to serve the construction and development of the Da Nang Financial Center with a number of financial institutions, investment funds and related units.

These financial institutions and financial investment funds are very interested in developing the Da Nang City Financial Center in the direction of linking innovation, green finance, financial technology, and commercial finance to resonate with the advantages of the important geopolitical-economic position in the Indian Ocean-Pacific corridor and the living environment, urban infrastructure, tourism and resort services of Da Nang City.

This creates a unique combination of traditional financial services and leading-edge technology, promoting communication, cooperation and trade connections for all parties in the shifting global value chain.

CINNAMON



Source: http://baodanang.vn/kinhte/202501/da-nang-chu-dong-cac-giai-phap-de-phat-trien-trung-tam-tai-chinh-khu-vuc-3998771/

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