HANOI (Xinhua): Vietnam's National Assembly has passed a resolution on the establishment of international financial centers in the southern hub Ho Chi Minh City and central Da Nang city, Vietnam News Agency reported.
Vietnam aimed to create an attractive environment for financial services investment to boost capital flows, develop key markets, and build globally competitive financial talent, the state-owned media reported.
The centers are also expected to promote green finance and mobilize resources for a green energy transition to support sustainable development, the report added.
The government will offer special incentives in tax, foreign exchange, fintech, labor, and infrastructure to attract strategic investors and international financial experts, according to the report. - XInhua
