Vietnam is moving forward with plans to establish international financial centres in Ho Chi Minh City and Da Nang, aiming to enhance its integration into the global financial market and attract international capital flows.

The comprehensive draft plan includes policies on foreign exchange liberalization, banking reforms, and tax incentives.

This initiative comes as Vietnam faces external risks, notably potential U.S. tariffs that could impact its export-driven economy.

The National Assembly is expected to vote on the resolution on June 27, with operations tentatively scheduled to begin this year.