State Bank of Vietnam Governor appointed vice chair of new Executive Council for Vietnam’s International Financial Centre

State Bank of Vietnam published an update on the Government’s launch of Vietnam’s International Financial Centre governance arrangements, following the Prime Minister’s issuance of Decision No. 2755/QĐ-TTg on 18 December 2025 establishing the Executive Council for the centre. The council is intended to steer the development and operation of the International Financial Centre across Ho Chi Minh City and Da Nang, with State Bank of Vietnam Governor Nguyễn Thị Hồng appointed as a vice chair. The Executive Council is chaired by Standing Deputy Prime Minister Nguyễn Hòa Bình. Other vice chairs are the Minister of Finance Nguyễn Văn Thắng, the Chair of the Ho Chi Minh City People’s Committee Nguyễn Văn Được and the Chair of the Da Nang People’s Committee Phạm Đức Ấn, with additional members including deputy ministers from Justice, Home Affairs, Industry and Trade, and Agriculture and Environment. Its remit includes issuing the strategy, roadmap and development plan, adopting operating rules based on proposals from the two city-level operating agencies, giving views on appointing or removing the heads of those agencies, deciding matters where the two agencies are not aligned, and establishing an advisory council of domestic and international financial and legal experts. The council will also report to the Government and the Prime Minister on issues beyond its authority or when requested.