On April 29, the Office of the City Party Committee said that the Standing Committee of the Da Nang City Party Committee issued Resolution (No. 29/NQ/TU dated April 26, 2025) on the construction of the International Financial Center (IFC) in the city, a strategic step to realize the policy of the Politburo in Conclusion No. 47-TB/TW of November 15, 2024. Along with Ho Chi Minh City, Da Nang is identified as an IFC location, opening up opportunities to catch the global capital flow and raise the national position.
The Resolution affirms that the construction of IFC Da Nang is a strategic task, serving national interests and the city's development goals according to Resolution 43-NQ/TW and Conclusion 79-KL/TW. Taking advantage of its geoeconomic location, synchronous infrastructure and international attention, Da Nang aims to develop IFC into a green, smart, innovative financial center, operating according to international standards.
By 2030, Da Nang strives to put IFC into effective operation, attracting large financial institutions, strategic partners, law firms, and prestigious domestic and foreign auditing. The long-term vision is to make IFC Da Nang a center for innovation and sustainable investment for the Asia-Pacific region, especially in the field of green finance, supporting small and medium enterprises (SME), startups, and developing digital payments.
The IFC Da Nang model will focus on specialized areas such as green finance, commercial finance for innovative and SME enterprises, offshore financial services, cross-border trade activities associated with the Free Trade Zone and high-tech zones. In particular, the center will test and control (sandbox) new models such as digital assets, digital currencies, attracting investment funds, hoiines, and promoting fintech for consumption, tourism, and logistics.
Da Nang City Financial Center will focus on specialized fields such as Green Finance, Commercial Finance for Innovation Enterprises, Small and Medium Enterprises, Organizations and individuals who do not reside (such as Offshore financial services), cross -border trade activities associated with Free Commercial Area, High -tech Zones, Open Economic Zones, Industrial Parks ... Number, attracting investment funds, remittances, small and medium -sized fund management companies, promoting the development of startups providing financial solutions for consumer life, tourism, commerce and logistics to resonate with advantages from the geopolitical - economic and urban environment, urban infrastructure, tourism and resort services of Da Nang city; supporting activities, consulting and developing related legal services.
In order to realize the objectives and resolutions to propose key solutions. In the immediate future, the city will actively coordinate with the Central Government to develop a specific, superior and international competitive mechanism, policy (such as applying the Law on English Practice, Visa Policy, preferential tax). Establishment of a committee of preparation, preparation of personnel (including hiring international experts), reviewing infrastructure (researching and using ICT building at Software Park No. 2 and other potential land areas). The missions will learn from experience, organize human resource training and promote investment, with the highlight of the Conference to announce the Resolution of the National Assembly on IFC Vietnam associated with expected investment promotion in July 2025.
In the 2025-2030 period, it will focus on attracting strategic investors, financial institutions, developing soft and hard infrastructure associated with motivation projects, training and attracting high-quality human resources through attractive compensation policies, while building a modern and prestigious IFC Da Nang brand.
The Resolution affirms high political determination, requires the participation of the entire political system, social consensus, considering this the top priority task to take Da Nang off, contributing to the overall development of the country.
