Da Nang speeds up the progress of the work of the International Financial Center

Comrade Nguyen Van Quang - Member of the Party Central Committee, Secretary of the City Party Committee, Head of the City's National Assembly Delegation, Head of the Steering Committee for the Construction and Development of the Da Nang City Financial Center (referred to as Steering Committee 47) chaired the meeting.

Also attending were Alternate member of the Party Central Committee, Deputy Secretary of the City Party Committee, Chairman of the City People's Committee Luong Nguyen Minh Triet; Deputy Secretary of the City Party Committee, Chairman of the City People's Council Nguyen Duc Dung; Deputy Secretary of the City Party Committee Ngo Xuan Thang; Permanent Vice Chairman of the City People's Council Tran Phuoc Son; Permanent Vice Chairman of the City People's Committee Ho Ky Minh; Chairman of the Vietnam Fatherland Front Committee of the city Le Tri Thanh.

Secretary of the City Party Committee, Head of Steering Committee 47 Nguyen Van Quang delivered a concluding speech at the meeting. Photo: MAI QUE

In his concluding remarks, Secretary of the City Party Committee, Head of Steering Committee 47 Nguyen Van Quang requested the leaders of the City People's Committee to urgently coordinate with the Ministry of Finance (the focal point is the Foreign Investment Agency) to draft a decree, study and contribute comments, and soon advise the Government to issue a decree on financial centers.

In particular, special attention should be paid to determining the model of the governing body of the financial center. The advisory agencies should carefully study Resolution No. 222/2025/QH15 dated June 27, 2025 of the National Assembly on the International Financial Center in Vietnam to propose that the authority of the governing body must ensure flexibility and maintain national security and defense.

Continue to study the GIFT City Financial Center model in India and Astana in Kazakhstan to learn from. Regarding infrastructure, it is necessary to speed up the progress of the 22-storey building at Da Nang Software Park No. 2, with a usable area of 27,000m2 ^, so that it can be put into use by the end of 2025.

The Secretary of the City Party Committee requested to urgently develop criteria for selecting strategic investors and orient the mechanism for cooperation with strategic investors (in the form of public-private partnership - PPP or other forms); develop a mechanism for attracting human resources, salary levels, allowances, and prescribed benefits for key personnel.

The Steering Committee 47's support team advises on the assignment of members of the Steering Committee 47 in the time to come after the personnel change in the apparatus. The Department of Finance urgently advises on the budget for the establishment of a Financial Center in Da Nang.

Reporting at the meeting, the representative of the Department of Finance said that after the National Assembly issued Resolution No. 222/2025/QH15, the Department advised the Standing Committee of Steering Committee 47 and the City People's Committee to issue Plan No. 671/QD-UBND dated August 1, 2025 to implement Resolution No. 222/2025/QH15; adjust and improve Steering Committee 47 and the Working Group of Steering Committee 47.

The Department consults and submits to the City People's Committee a list of personnel for the Advisory Council of the Vietnam International Financial Center in Da Nang with 18 members representing central ministries, departments, and branches and international experts in the fields of finance, economics, and international law with experience in managing and operating international financial centers.

In the coming time, the Department of Finance and other departments, branches and sectors will continue to work with partners and investors in the fields of finance, financial technology (fintech), digital assets, blockchain, etc. to promote investment, and at the same time consult on mechanisms, policies and solutions to promote the development of the Vietnam International Financial Center in Da Nang.

Source: https://baodanang.vn/da-nang-day-nhanh-tien-do-cac-cong-viec-cua-trung-tam-tai-chinh-quoc-te-3300062.html