Action Plan on the Implementation of Vietnam’s International Financial Center
08 August, 2025
On August 1, 2025, the Steering Committee for the International Financial Center (IFC) in Vietnam issued Decision No. 114/QĐ-BCĐTTTC (“Decision 114”), promulgating the Action Plan for the establishment and operationalisation of the IFC in Ho Chi Minh City and Da Nang. This Decision marks a critical step in Vietnam’s ambition to become a regional and global financial hub, following the adoption of Resolution 222/2025/QH15 by the National Assembly. Decision 114 sets out the objectives, legal and institutional framework, infrastructure development, financial services, human capital, and coordination mechanisms necessary for the IFC’s launch by the end of 2025.
