Da Nang has a special advantage to form an international financial center

Nguyễn Hoàng |

Da Nang possesses special advantages to break through, becoming a new growth pole of the country.

That was the opinion of Mr. Nguyen Thanh Nghi - Member of the Party Central Committee, Head of the Central Policy and Strategy Committee, at the opening ceremony of Da Nang Finance and Technology Week 2025, August 28.

Three financial pillars - blockchain - semiconductor create a breakthrough for Da Nang

Finance and Technology Week 2025 takes place over three days (28 - 30/8), including: Vietnam Annual Financial Forum, Vietnam Blockchain Festival and Da Nang Semiconductor Day.

The event was held on the occasion of the 80th anniversary of the August Revolution, National Day September 2 and right before the City Party Congress. Mr. Nguyen Thanh Nghi said that this is a testament to Da Nang's proactive and determined spirit in expanding development space, towards the double-digit growth target for the period 2026 - 2030.

In three activities, the Annual Financial Forum is considered the " Attic", gathering management agencies, experts, businesses, and domestic and foreign investors to discuss policies and promote the formation of an International Financial Center (IFC) in Vietnam, with Da Nang as a highlight.

Toan canh dien dan Tai chinh Viet Nam nam 2025 tai Da Nang. Anh: Truong An
Overview of the Vietnam Financial Forum 2025 in Da Nang. Photo: Truong An

Mr. Nghi said that the policy of building IFC has been affirmed in Conclusion No. 47 of the Politburo and Resolution No. 222 of the National Assembly, concretized by action programs of the Government and localities. This is not only an urgent requirement but also a long-term strategy, affirming Vietnam's vision of integration.

The presentations focus on financial technology (fintech), green finance, sustainable development - important factors that help improve the business environment and mobilize resources. With its special geoeconomic position, Da Nang is expected to become a modern IFC, associated with international standards.

Along with finance, blockchain and semiconductors are identified as two strategic technologies.

With blockchain, priority is given to three product groups: digital assets, digital currencies and cryptographic assets; blockchain network infrastructure; traceability system. Vietnam Blockchain Festival 2025 is an opportunity to discuss the testing mechanism, digital asset ecosystem management, contributing to promoting digital finance, improving transparency, and reducing transaction costs.

Truong ban Chinh sach, Chien luoc Trung uong Nguyen Thanh Nghi phat bieu tai su kien. Anh: Truong An
Head of the Central Policy and Strategy Commission Nguyen Thanh Nghi spoke at the event. Photo: Truong An

Meanwhile, semiconductor technology focuses on research, testing and commercialization of specialized chips, AI chips and IoT chips. Da Nang Semiconductor Day 2025 opens up opportunities for Vietnam to participate more deeply in the global value chain, affirming its national technological position.

Towards a new growth pole

Mr. Nguyen Thanh Nghi emphasized: "The combination of finance - blockchain - semiconductors demonstrates a strategic vision. Financial institutions unblock capital for technology; blockchain creates transparent infrastructure; semiconductors bring core capacity. When these three pillars operate synchronously, Da Nang has the opportunity to rise to become an international financial center and innovate in the region".

Da Nang truoc co hoi tro thanh trung tam tai chinh quoc te. Anh: Tran Thi
Da Nang has the opportunity to become an international financial center. Photo: Tran Thi

According to Mr. Nghi, organizing the Finance and Technology Week right before the Da Nang City Party Congress for the 2025 - 2030 term is an important preparation step to determine the goal of making the city a new growth pole, a sustainable development urban area based on science and technology, innovation and international integration.

He expressed his belief that with the support of businesses, experts, investors and people, Da Nang will successfully complete the socio-economic development goals for the period 2025 - 2030, contributing to the aspiration to build a strong Vietnam.

Nguyễn Hoàng
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