The regulations and principles, working regime; responsibilities of members, standing agency of the Steering Committee, and information and reporting regime of the Steering Committee for the construction project of the Regional and International Financial Center (Steering Committee).
According to the Decision, the functions, tasks, powers, and members of the Steering Committee shall be implemented in accordance with the provisions of Decision No. 1160/QD-TTg dated October 6, 2023, of the Prime Minister on the establishment of the Steering Committee for the construction project of the Regional and International Financial Center.
Working principles of the Steering Committee
The Head of the Steering Committee, Deputy Head of the Steering Committee, and members of the Steering Committee work on a part-time basis.
Decision No. 1160/QD-TTg dated October 6, 2023, of the Prime Minister on the establishment of the Steering Committee for the construction project of the Regional and International Financial Center
The Steering Committee works according to the principles of concentration, democracy, public discussion, ensuring unified direction, emphasizing the responsibility of the Head of the Steering Committee; The Head of the Steering Committee has the final decision on matters of the Steering Committee; The Deputy Head of the Steering Committee shall decide on certain specific issues as assigned and authorized by the Head of the Steering Committee; the members of the Steering Committee are responsible for implementing the assigned tasks and actively directing the functional agencies to implement the tasks assigned in the process of constructing the Regional and International Financial Center project.
The Head of the Steering Committee presides over planned meetings and convenes emergency meetings when necessary. The head of the committee may delegate the Deputy Head of the Steering Committee to preside over meetings for discussion and decision making on certain specific issues within the tasks of the Steering Committee.
Members have the responsibility to attend all meetings of the Steering Committee; in case of being unable to attend due to other important work, they must report to the Head of the Steering Committee and authorize the representative responsible for attending the meeting; the opinions of the attendees are the official opinions of the members of the Steering Committee.
The Steering Committee assigns each member the responsibility of supervising the ministries, sectors, and localities to propose amendments, supplements to mechanisms, policies, and solutions in the process of constructing the Regional and International Financial Center project.
Working regime, information, and reporting
The Steering Committee meets according to the decision of the Head of the Steering Committee. In addition to direct meetings for discussion, the Standing Agency of the Steering Committee is responsible for obtaining written opinions from the members of the Steering Committee, summarizing and reporting to the Head of the Steering Committee for consideration and decision.
The focus of the meetings is to assess the content and proposals, solutions to build the Regional and International Financial Center project in Vietnam; report, propose to the Prime Minister, and relevant levels on related issues in the process of constructing the project.
Based on the actual situation and the requirements of each stage, the Standing Agency of the Steering Committee may propose inviting international organizations, international consulting firms, leaders of corporations, associations, businesses, and People’s Committees of centrally-run provinces and cities to attend the Steering Committee meetings according to legal provisions.
Members of the Steering Committee are responsible for reporting to the Head of the Steering Committee on the progress of implementing tasks, activities assigned within their responsibilities, authorities, and areas of state management of their respective agencies to build the Regional and International Financial Center project as requested by the Head of the Steering Committee.
At the same time, they actively report on issues arising during the implementation process. The reports of the members of the Steering Committee are sent to the Head of the Steering Committee, and also sent to the Standing Agency of the Steering Committee for monitoring and general synthesis to serve the steering, management work of the Head of the Steering Committee.
