After one year of enforcing the 2024 Land Law, the legal policies on land have been carried out synchronously, achieving positive results, Prime Minister Pham Minh Chinh told a conference on July 10 to review the implementation of the law and related policies.
The plan sets ambitious goals to be achieved by 2030, including a capacity to handle 5.1 to 6.6 million tons of cargo, 3,500 to 4,700 TEUs of container cargo, and to accommodate 49,600 to 56,300 passenger arrivals per year.
"The development of the financial center is one of the strategic spearheads to help transform the growth model, improve resource utilization efficiency, and strengthen Vietnam's position on the international stage," Minister of Finance stated.
The assets under management of securities investment funds remain modest relative to their potential, representing just 6.5% of Vietnam's GDP, compared to 21% in Thailand and 52% in Malaysia.