π Tender Overview
The viewpoints, purposes and requirements of the Plan are to thoroughly grasp and ensure the drastic, effective, synchronous, comprehensive and consistent implementation of the guiding viewpoints, objectives and contents of the Project on building a regional and international financial center in Vietnam, which has been approved in principle by the Politburo in Notice No. 47-TB/TW, in the spirit of strong innovation for breakthroughs.
At the same time, clearly define the contents, tasks, solutions, key activities, presiding agencies, coordinating agencies, submission levels, expected output products and specific completion time so that ministries, ministerial-level agencies, agencies under the Government, the People's Committees of Ho Chi Minh City and Da Nang, and relevant agencies can focus on directing, developing action plans, organizing implementation, inspecting, supervising and evaluating the implementation of the Action Plan; focusing on institutionalizing solutions, models and policies applied to build a regional and international financial center (TTTC) in Vietnam of the Project according to Notice No. 47-TB/TW.
Ensure harmony and synchronization with strategies, planning and socio-economic development plans in sectors and fields of each ministry, industry and locality to optimize feasibility in implementing the Action Plan.
Agencies from central to local levels must coordinate synchronously and closely; implement according to the progress and roadmap in accordance with the direction of the Politburo, determined to develop specific regulations on regional and international financial centers in Vietnam; establish and operate financial centers in Ho Chi Minh City and Da Nang in 2025.
6 key tasks and solutions of the Plan
The plan sets out key tasks, solutions and activities for ministries, branches and localities to implement. Specifically:
1- Directing and coordinating inter-sectoral activities within the country and each locality: Establishing an inter-sectoral Steering Committee on the Regional and International Financial Center to organize inter-sectoral coordination, helping the Government and the Prime Minister direct orientations, strategies, and coordination to ensure smooth and consistent operations in accordance with the direction of the Politburo, especially in the stage of building mechanisms and policies; proposing that the Ho Chi Minh City Party Committee and Da Nang City Party Committee establish a Steering Committee/Working Group of the two cities on building the Financial Center, headed by the Secretary of the City Party Committees, to lead and direct the establishment and operation of the Ho Chi Minh City Financial Center and Da Nang Financial Center.
2- Building and perfecting institutions and policies on Financial Centers: Building the National Assembly's Resolution on Financial Centers; building documents regulating and guiding the implementation of the National Assembly's Resolution on Financial Centers; handling arising legal problems, guiding (or proposing guidance) on the application of the Resolution on Financial Centers and related legal documents or reviewing and proposing amendments and supplements to related legal documents (according to the specific Plan after the National Assembly issues the Resolution).
3- Arrange and mobilize resources to build infrastructure and develop the Financial Center: Invest in building infrastructure for the Financial Center in Ho Chi Minh City and Da Nang; prepare and train human resources in the state apparatus to serve the management and operation of the Financial Center; hire domestic and international consulting units and experts in the process of building and operating the Financial Center.
4- Establishing a Financial Center: Prepare a location to be ready for the development of the Financial Center; build a management and operation apparatus for the Financial Center (establish a Working Group on building a management and operation apparatus for the Financial Center (with the Minister of Home Affairs as the Head, the Chairman of the People's Committee of Ho Chi Minh City and Da Nang City as the Deputy Heads and members being leaders of relevant agencies) to implement the establishment of agencies in the Financial Center); establish and operate the management apparatus for the Financial Center.
5- Communication and investment promotion: Proactively do a good job of information and propaganda work to create social consensus, sectors, levels, agencies, organizations, and units in the political system on the establishment of regional and international financial centers in Vietnam; develop plans and implement domestic and foreign communication on the Ho Chi Minh City Financial Center and the Da Nang Financial Center; promote investment, call for investment in the Ho Chi Minh City Financial Center and the Da Nang Financial Center.
6- Organize preliminary and final review of the Project.