Vietnam’s Prime Minister issued decisions establishing a Steering Committee on the Regional and International Financial Centre in Vietnam and setting its operating rules, creating a cross-government body to steer strategy, policy development and coordination for the financial centre’s establishment. The committee is chaired by the Prime Minister and includes deputy chairs from central and local government, including the Governor of the State Bank of Vietnam, with the Ministry of Planning and Investment designated as the standing agency. Its mandate covers guiding development strategy, directing the development and alignment of institutions and policies to be applied in the financial centre, overseeing the creation and operation of the management and operating structure, mobilising resources for infrastructure, and leading cooperation and consultations with domestic and international bodies. The operating rules provide for members to work on a part-time basis, give the chair final decision-making authority, and set out meeting, delegation and representation arrangements; the standing agency may engage ministries, local authorities, international partners, businesses, and external experts and consultants to support implementation.
State Bank of Vietnam 2025-01-09
Vietnam's Prime Minister establishes steering committee for a regional and international financial centre with the State Bank of Vietnam governor as deputy chair
Vietnam's Prime Minister has formed a Steering Committee on the Regional and International Financial Centre, chaired by the Prime Minister and including key figures like the State Bank Governor. The committee will guide strategy, policy development, and coordination, with the Ministry of Planning and Investment as the standing agency. Its mandate includes infrastructure resource mobilization and collaboration with domestic and international entities.