Did you know Vietnam is launching International Financial Centers (IFCs) in Ho Chi Minh City andDa Nang with tax incentives until 2030?

On 2 August 2025, Prime Minister Pham Minh Chinh officially announced the implementation of Resolution 222/2025/QH15 (Resolution 222), a landmark legislation establishing International Financial Centers (IFCs) in Vietnam. Promulgated by the National Assembly on 27 June 2025, Resolution 222 is set to take effect on 1 September 2025.

This pivotal resolution lays the legal foundation for creating designated IFC zones in Ho Chi Minh City and Da Nang, envisioning them as crucial hubs for major financial institutions, exchanges, and essential support services. These centers are designed to operate under distinct regulatory frameworks and specialised policies, aiming to attract significant international investment and elevate Vietnam’s standing in the global financial landscape.

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DNLegal Aug 2025 Legal Update - Did you know Vietnam is launching International Financial .

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