Three pillars make Da Nang a destination for international capital flows

Nguyễn Hoàng |

Da Nang prepares a legal framework for the International Financial Center, to be completed before November 15.

On the morning of November 6, the People's Committee of Da Nang City coordinated with the International Finance Corporation (IFC) to organize a seminar on "P positioning and developing the International Financial Center in Da Nang", gathering nearly 200 delegates, speakers and experts from home and abroad.

Quang canh toa dam
View of the seminar. Photo: M.Quang

In his opening speech, Permanent Vice Chairman of the Da Nang People's Committee Ho Ky Minh emphasized the goal of building Da Nang into a destination for international transactions and capital flows, based on three pillars: green finance, commercial finance, fintech and digital assets. The city is oriented to become a laboratory for a new financial model from digital assets, digital payments, blockchain applications, AI to fund management activities to support fintech startups while promoting green financial initiatives associated with the goal of net zero emissions.

Ong Ho Ky Minh - Pho Chu tich Thuong truc UBND thanh pho Da Nang phat bieu khai mac toa dam. Anh:
Mr. Ho Ky Minh - Permanent Vice Chairman of Da Nang City People's Committee delivered the opening speech. Photo: M.Quang

According to the city's leaders, Da Nang has the advantage of being the gateway to the East-West Economic Corridor, infrastructure connecting airports - seaports - logistics, and a rapidly growing innovation ecosystem, creating a foundation to attract institutions, funds and FDI enterprises. The city is coordinating with ministries and branches to complete the legal framework for the Vietnam International Financial Center in Da Nang, expected to be submitted before November 15.

The seminar took place over two days (November 6'7th, 2025) with two topics: attracting sustainable financial services and developing a competitive ecosystem for digital assets; discussing key topics such as trade finance, green finance, digital asset development, commodity exchanges, etc.

Da Nang leaders expect the recommendations at the seminar to become specific policy suggestions and action orientations, making Da Nang an attractive destination for financial transactions and innovation in the region.

Nguyễn Hoàng
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