An inter-sectoral Steering Committee on the financial center will be established to direct orientation, strategy, and coordination to ensure smooth and consistent operations in accordance with the direction of the Politburo.
Deputy Prime Minister Nguyen Hoa Binh - Photo: VGP
On December 17, Permanent Deputy Prime Minister Nguyen Hoa Binh chaired a meeting with leaders of ministries, functional agencies, and localities (Ho Chi Minh City and Da Nang) on the action plan to implement the Politburo's conclusion on building a regional and international financial center in Vietnam.
Has superior policy mechanism
According to Deputy Minister of Planning and Investment Nguyen Thi Bich Ngoc, following the direction of the Politburo and the project to establish a financial center, the ministry has implemented a number of activities. Including drafting an action plan, the Prime Minister's decision; studying international experience...
According to the plan, an international financial center will be established in Ho Chi Minh City and a regional financial center in Da Nang. Leaders of ministries and sectors said that it is necessary to implement the project resolutely, effectively, synchronously, comprehensively, and consistently, with expected output products and completion time.
In particular, it is recommended that the leaders of the People's Committees of Ho Chi Minh City and Da Nang develop an action plan, focusing on institutionalizing solutions, models, and policies applied to build financial centers.
Agreeing and highly unifying with the draft action plan, Chairman of the Ho Chi Minh City People's Committee Phan Van Mai and Secretary of the Da Nang City Party Committee Nguyen Van Quang expressed that they have prepared the conditions and are ready to establish a regional and international financial center.
Including policies, mechanisms, establishment of related organizations; investment in infrastructure; human resource training; organization of international experience learning groups...
Minister of Planning and Investment Nguyen Chi Dung said that this is a new, difficult, and unprecedented issue. Therefore, the development and implementation must be based on the spirit of not being perfectionist or hasty but must be very drastic and urgent.
There needs to be superior mechanisms and policies, "what people need, not what we have". Through consulting and networking activities to know what information investors need, thereby building appropriate and feasible mechanisms and policies.
Deputy Prime Minister chaired the meeting - Photo: VGP
Establish an inter-sectoral steering committee on financial centers
Deputy Prime Minister Nguyen Hoa Binh said that building financial centers is extremely important. This is one of the major political decisions to prepare for a new era, an era of growth, creating new mechanisms and resources, which is a strong "push" for the economy.
Therefore, implementation needs to be urgent, drastic, practical and effective.
Based on the comments, Mr. Binh requested the Ministry of Planning and Investment to absorb them to complete the plan and related documents. The spirit is to be quick, decisive, urgent, not perfectionist but as mature as possible.
"We have the advantage of being a latecomer. What we do not have experience with, we can learn and research from major financial centers in the region and the world," said the Deputy Prime Minister.
He agreed with the proposal to establish an inter-sectoral Steering Committee on the financial center to direct orientation, strategy, and coordination to ensure smooth and consistent operations in accordance with the direction of the Politburo; and financial working groups of Ho Chi Minh City and Da Nang.
Focus on perfecting institutions, policies, draft resolutions and regulations and guidelines. Pay attention to arranging and mobilizing resources to build infrastructure, train human resources associated with specific training plans, and mechanisms to attract and invite foreign human resources.
Carry out well the communication and investment promotion work, create social consensus at all levels and sectors.
Source: https://tuoitre.vn/pho-thu-tuong-thuong-truc-lap-trung-tam-tai-chinh-ta-co-loi-the-cua-nguoi-di-sau-20241217151507471.htm
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