On 22/10, the Executive Board of the International Financial Centre (IFC) held its fourth meeting chaired by Deputy Prime Minister Nguyễn Văn Thắng. The Ministry of Finance reported on issuing the centre's development plan to 2035 and its operating regulations, both operating bodies in Ho Chi Minh City and Da Nang agreed on membership registration forms, and many banks, securities firms and investors signed memoranda of understanding. The Deputy PM asked for standardized procedures and clearly defined supervisory powers to avoid overlap, with operating conditions to be completed in 10/2026 and actual transactions to begin in 11/2026. New financial products already traded at other global financial centres may be considered if suitable, with priority on mobilizing and supplying mid- and long-term capital.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Phó Thủ tướng Nguyễn Văn Thắng chủ trì phiên họp thứ tư của Hội đồng điều hành Trung tâm Tài chính quốc tế
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Related tickers and likely impact
VNINDEX
▲ Likely positiveRelevance: low
| Market | Vietnam stocks |
|---|---|
| Close on 10/22/2026 | 1,760.63 |
| Change that session | +1.26% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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