The Prime Minister has requested the launch of the Ho Chi Minh City International Financial Center before February 9th.

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Prime Minister Pham Minh Chinh emphasized this at the first meeting of the Steering Committee for the International Financial Center in Vietnam, held on the afternoon of January 16th to review the implementation of the Politburo's conclusions and accelerate the progress of building international financial centers in Ho Chi Minh City and Da Nang.

At the meeting, the Prime Minister requested ministries, departments, and localities to urgently complete preparatory work, emphasizing: "The International Financial Center in Ho Chi Minh City must be launched no later than February 9th," and simultaneously establish an International Arbitration Center and a specialized court.

The head of government requested the early drafting and submission for promulgation of a Decree on the special mechanism, operational regulations, and working regulations of the Center's Executive Council. At the same time, the relevant units must complete the arrangement of office space and recruitment of personnel to support its operation.

According to the Prime Minister, several core issues such as infrastructure, urban services, living and working spaces, as well as risk management mechanisms, data Chia , and monitoring according to international standards, still lack specific plans and resources.

The head of government emphasized: "To become an international financial center, we must answer the following questions: which institutions, products, markets, and customers should we attract? What contributions should we make to growth, employment, and what ripple effects should we have on the economy?"

At the same time, the Prime Minister requested that Ho Chi Minh City and Da Nang clearly Vai their roles, avoid overlapping, complement each other, and promote substantive and effective international cooperation, creating a foundation for Vietnam to gradually form an international financial ecosystem and participate deeply in the global value chain .

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