November 08, 2025 | 09:18

Da Nang advances plans to develop International Financial Center

Ngô Anh Văn

The proposed international financial center will be built on three strategic pillars: green finance, trade finance, and fintech–digital assets.

Da Nang advances plans to develop International Financial Center
Vice Chairman of the municipal People’s Committee Ho Ky Minh speaking at the forum.

A seminar titled “Positioning and Developing Vietnam’s International Financial Centre in Da Nang: Opportunities for Transaction and Investment Attraction” was held in the central city on November 6, highlighting its potential to become a specialized financial hub—particularly in green finance, fintech, and supply chain finance.

The two-day event provided a platform for experts, policymakers, and international partners to exchange experiences in managing, operating, and developing key financial sectors in support of establishing  Vietnam's International Financial Center in Da Nang.

Speaking at the event, Vice Chairman of the municipal People’s Committee Ho Ky Minh said that in line with national development orientations and the city’s inherent advantages, the proposed international financial center will be built on three strategic pillars: green finance, trade finance, and fintech–digital assets.

Da Nang also aims to prioritise development of cross-border trade finance, leveraging its seaports, logistics infrastructure, and international tourism sector. Offshore financial services targeting foreign direct investors and global financial institutions will also be a key focus.

In addition, the city plans to cultivate a favourable financial environment for small and medium-sized enterprises (SMEs) and innovative start-ups, with the objective of fostering a diverse, dynamic, and creative financial ecosystem.

Attention
The original article is written and published on VnEconomy in Vietnamese, then translated into English by Askonomy – an AI platform developed by Vietnam Economic Times/VnEconomy – and published on En-VnEconomy. To read the full article, please use the Google Translate tool below to translate the content into your preferred language.
However, VnEconomy is not responsible for any translation by the Google Translate.

Google translateGoogle translate