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| Perspective of Vietnam International Financial Center in Da Nang . |
Secretary of the Da Nang City Party Committee Le Ngoc Quang has just given his opinion on the implementation of the Da Nang Free Trade Zone (FTA) and the Vietnam International Financial Center (VIFC) in Da Nang.
Accordingly, Secretary of the City Party Committee Le Ngoc Quang acknowledged and commended the efforts of the city government, especially the agencies assigned with key advisory tasks such as: Department of Finance, Department of Industry and Trade, Management Board of High-Tech Park and Da Nang Industrial Parks.
The Secretary of the City Party Committee acknowledged that the International Financial Center and the Commercial Zone are unprecedented models in Vietnam, new, complex, and require completely different ways of thinking and doing. The pressure is great, but it is also a great opportunity for socio -economic development.
Decision No. 1142/QD-TTg on the establishment of Da Nang Trade Center sets a very high goal: The Trade Center must be associated with the international financial market, must form a smart, modern, competitive and regional economic ecosystem, contributing to raising Vietnam's position in the international arena.
The City Party Secretary requested Party committees at all levels, authorities, the Fatherland Front and socio- political organizations to continue promoting propaganda work to raise awareness and consensus throughout society.
“This is a new model, but it is an urgent requirement for the future development of Da Nang. Whether it is successful or not depends on the participation of the entire political system and the responsibility of each individual. We must do something to make the people understand, the business community believe, and the Central Government see that the trust in Da Nang is right,” the Secretary of the City Party Committee emphasized.
The city is researching and organizing large-scale communication campaigns in financial centers around the world. Systematizing all special policies and incentives for the Trade and Financial Centers to serve investment promotion.
Regarding the implementation of key tasks, Secretary of the City Party Committee Le Ngoc Quang assigned the City People's Committee Party Committee to lead the People's Committee to resolutely direct the implementation of tasks according to the Working Program of the two Steering Committees: the Steering Committee for the construction and development of the Danang City Public Service Center and the Steering Committee for the implementation of Resolution No. 136/2024/QH15 of the National Assembly on the organization of urban government and piloting a number of specific mechanisms and policies for the development of Danang City, as well as the previous conclusions of the two steering committees and the issued plans.
In particular, for the Da Nang Trade Center, urgently receive explanations and complete proposals for new policies, based on listening to opinions at the National Assembly Session in 2025. On that basis, proactively develop an implementation plan after the revised Resolution is passed.
Complete the construction of the management and operation model of the Trade Center as soon as possible. Research and organize the implementation of a controlled testing mechanism for functional areas, ensuring compliance with the regional development orientation, the city's general planning and legal regulations. Complete the functional planning scheme for locations in the Da Nang Trade Center.
Improve the effectiveness of investment promotion for large corporations and enterprises with capacity and experience to invest in Da Nang Trade Zone in accordance with the city's development orientation. At the same time, promptly develop criteria for selecting investors in Da Nang Trade Zone, research policies to support investors in implementing the construction of technical infrastructure and social infrastructure in the Zone.
Regarding the Vietnam International Financial Center in Da Nang city, the City Party Secretary requested to review the land funds allocated for this center and update the city planning in the upcoming planning adjustment.
Focus on investing in a 20-storey building at Software Park No. 2 for the Vietnam International Financial Center in Da Nang City. In the immediate future, urgently renovate a number of items at Software Park No. 2 to serve as the operational headquarters for the City Financial Center's Executive Agency, to be completed in November 2025, ensuring nationwide general operation on December 9, 2025 according to the Central Government's direction.
Continue to develop a framework of human resource standards and a personnel recruitment plan for the Agencies under the Vietnam International Financial Center in Da Nang city based on the functional and task framework defined in the Decree on the establishment of the International Financial Center and other relevant regulations.
In particular, selecting and advising the city to send cadres, civil servants, public employees and workers to study and do internships at financial centers, financial institutions... in a number of countries to supplement human resources for the management agencies of the Vietnam International Financial Center in Da Nang city.
Quickly build and complete the criteria and procedures for registration, membership licensing and other business activities. Complete the organizational structure and job positions of the staff of the Vietnam International Trade Center in Da Nang city.
Strengthen investment promotion, promote the brand of Vietnam International Financial Center in Da Nang city on prestigious international media channels. Coordinate with partners and international organizations to organize event communication activities, organize foreign investment promotion delegations of the city to the Vietnam International Financial Center in Da Nang city.
Early call for and organize the selection of strategic investors to invest in construction and business of Vietnam International Financial Center infrastructure in Da Nang city.
The City Party Secretary noted that it is necessary to ensure absolute safety and information security for the Center. At the same time, research new mechanisms such as a controlled legal testing framework for digital assets, cross-border payments, preferential tax and foreign exchange policies, etc. This is an important foundation for Da Nang to attract international capital flows and high-quality human resources, thereby forming a true financial gateway of Vietnam.
“The workload is huge, but the Central Government’s requirements and expectations for Da Nang are also very high. The Standing Committee of the City Party Committee requests agencies and units to be urgent, determined, responsible, work thoroughly, ensure the progress of each task, and periodically report to the Standing Committee of the City Party Committee for timely direction,” emphasized Secretary of the City Party Committee Le Ngoc Quang.
Source: https://baodautu.vn/da-nang-thu-hut-dong-von-quoc-te-vao-khu-thuong-mai-tu-do-trung-tam-tai-chinh-d442529.html
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