The development of these Financial Centers will have clearly defined geographical boundaries and regulated entities. They will follow a "combined" model with exceptional, outstanding policies implemented in phases. The Financial Centers will be subject to special management mechanisms that are more competitive than current regulations but accompanied by appropriate risk management and supervision mechanisms. The approach will be to learn from experience as they progress, avoiding both haste and perfectionism that could lead to missed opportunities. There is a firm commitment to abandon the mindset of "if we can't manage it, we'll ban it."

Da Nang viewed from the Han River, the locality recently approved by the Politburo to establish a Regional Financial Center

Agencies will be established to manage the Financial Centers, including: a management and executive body; a supervisory body; and a dispute resolution body. The establishment of these agencies will be implemented in accordance with regulations and international practices.

Regarding the application of policies for building Financial Centers and the implementation roadmap, the Politburo has agreed that from now until 2030: 8 groups of policies that align with international practices and Vietnam's conditions will be immediately issued and implemented. Simultaneously, 6 groups of policies common to major Financial Centers worldwide will be piloted, with a phased application to suit Vietnam's actual conditions.

From 2030 to 2035: full implementation of policy groups common to major Financial Centers worldwide will be carried out according to schedule, in line with Vietnam's actual conditions. This framework timeline is relative, and the implementation should be accelerated as much as possible. If favorable opportunities arise and conditions are ripe, subsequent steps can be taken immediately without waiting for a specific order.