The State Bank of Vietnam published an update on a government conference announcing the establishment of an International Financial Centre in Vietnam, including the governance arrangements for the centre and senior leadership appointments. The update notes that State Bank of Vietnam Governor Nguyen Thi Hong will serve as vice-chair of the centre’s executive council. The centre is being established under National Assembly Resolution 222/2025/QH15 and implementing government decrees, including Decree 323/2025/ND-CP, which sets an organisational model comprising an executive council and two operating agencies located in Ho Chi Minh City and Da Nang. Prime Ministerial Decision 2755/QD-TTg established the executive council, chaired by Permanent Deputy Prime Minister Nguyen Hoa Binh, while the People’s Committees of Ho Chi Minh City and Da Nang announced secondment and appointment decisions for leaders of the operating agencies. The Prime Minister instructed relevant ministries, agencies and local authorities to implement the assigned tasks and solutions to ensure the centre operates effectively, and called on domestic and international partners, businesses and investors to support the centre’s development.
State Bank of Vietnam 2025-12-21
State Bank of Vietnam reports establishment of Vietnam’s International Financial Centre and appointment of its Governor as executive council vice-chair
The State Bank of Vietnam announced the establishment of an International Financial Centre under National Assembly Resolution 222/2025/QH15, with governance arrangements and leadership appointments detailed. The centre will have an executive council chaired by Permanent Deputy Prime Minister Nguyen Hoa Binh and two operating agencies in Ho Chi Minh City and Da Nang. Governor Nguyen Thi Hong will serve as vice-chair of the executive council.