Permanent Deputy Prime Minister Nguyen Hoa Binh has requested the Ministry of Finance, other ministries and relevant localities, especially Ho Chi Minh City and Da Nang, to continue coordinating to finalize the draft Government Decree on the establishment of an international financial center in Vietnam, creating a foundation for a synchronized legal framework.
He made the remarks while chairing a meeting on October 22 with leaders of several ministries and agencies to discuss the Draft Government Decree.
At the meeting, leaders of ministries and agencies exchanged and contributed ideas on many contents of the Draft Decree, including those related to the legal status of the operating and supervisory bodies of the international financial center, one of the key points determining the feasibility of the model.
The Deputy PM requested the Ministry of Finance to fully absorb the opinions at the meeting and consult international experts to complete the organizational model of the international financial center.
"The organizational model of the international financial center must be thoroughly researched, drawing on international experience to ensure modernity, transparency, and effectiveness in governance and supervision," he said.
The Deputy PM also analyzed and gave specific opinions on organizational structure options for the international financial center, including the operating body, the supervisory body, and the dispute resolution body, to clarify the functions and feasibility of each model proposed by the Ministry of Finance.
Besides, he requested ministries, agencies, and relevant localities, especially Ho Chi Minh City and Da Nang, to continue contributing feedback on all 8 related decrees. In particular, Ho Chi Minh City needs to carefully draft the operating regulations of the international financial center, closely coordinating with the Ministry of Finance, the Ministry of Justice, and consulting with Da Nang City before submitting it to the Government for consideration.
Google translate