On 27 June 2025, the National Assembly of Vietnam adopted Resolution No. 222/2025/QH15 to establish International Financial Centers (IFCs) in Ho Chi Minh City and Da Nang (the “Resolution” or “Resolution 222”). The Resolution aims to boost Vietnam’s financial markets by offering preferential treatment, simplified procedures, and international standards to attract local and foreign investors. It will take effect on 1 September 2025 and sets out a unified framework for managing and operating both centers.
Authors:
Eric Le Dreau, Managing Partner
Email: eric.ledreau@indochinalegal.com
Nguyen Quang Dao, Senior Associate
Email: dao.nguyen@indochinalegal.com
Nguyen Ngoc Tu Linh, Associate
Email: linh.nguyen@indochinalegal.com