VIFC Regulatory Framework
The Regulatory Map
Vietnam's International Financial Centre is governed by a layered legal framework: one National Assembly resolution, eight implementing decrees, and a growing body of circulars and operational guidance. This map shows how the pieces fit together.
Click any instrument to expand · Last updated February 2026
Foundation
Resolution 222/2025/QH15
Establishment of Vietnam’s International Financial Centres
National Assembly27 June 2025
The foundational legal framework authorising the creation of Vietnam’s first International Financial Centres. Sets the constitutional and legislative basis for the entire VIFC regime.
8 Implementing Decrees · 18 December 2025
Pillar IInstitutional Foundations
What is the IFC?
Decree 323In Force
Establishment of the IFC
18 Dec 2025
The founding charter. Creates the VIFC as one centre in two locations (HCMC 898 ha + Da Nang 300 ha). Defines governance bodies, priority sectors, and the legal supremacy principle — IFC rules prevail over conflicting domestic law.
Key Provisions
◆One centre, two locations model with unified standards
◆IFC Operating Regulation with legal supremacy (except Constitution)
◆Priority sector catalogue across 6 categories incl. DeFi, tokenisation, carbon markets
◆Four-body governance: Executive Council, dual Executive Authorities, Supervision Authority, dispute resolution
◆Five-year operational review mechanism
Decree 324In Force
Financial Policies & IFC Membership
18 Dec 2025
Pillar IIMarket & Financial Regulation
Who can participate and how?
Decree 329In Force
Banking, FX & AML/CFT
18 Dec 2025
Decree 330In Force
Commodity Exchanges
18 Dec 2025
Pillar IIIOperational Enablement
How do people and projects operate?
Decree 325In Force
Labour & Social Security
18 Dec 2025
Decree 326In Force
Land & Environment
18 Dec 2025
Decree 327In Force
Immigration & Residence
18 Dec 2025
Pillar IVDispute Resolution
How are conflicts resolved?
Decree 328In Force
International Arbitration Centre
18 Dec 2025
What's Next
Pending Implementing Instruments
The decrees establish the architecture. These items will define the day-to-day reality.
This regulatory map reflects the legal framework as of February 2026. The VIFC regime is designed to evolve — the eight decrees establish the architecture, while circulars, Executive Council decisions, and operational guidance will define the day-to-day reality. We update this map as new instruments are issued. For detailed analysis of individual decrees, see the linked explainer guides.