On the afternoon of January 9, Da Nang City People's Committee organized the Opening Ceremony of the Vietnam International Finance Center in Da Nang. The event took place at Software Park No. 2 with the participation of Mr. Nguyen Hoa Binh - Member of the Politburo, Standing Deputy Prime Minister, Chairman of the Executive Council of the International Finance Center in Vietnam. Also attending were representatives of National Assembly leaders, central ministries and branches and more than 170 delegates from financial institutions and large economic groups at home and abroad.
The Vietnam International Finance Center (TTTCQT) in Da Nang is planned on a total area of about 300ha, directly connected to the international airport and seaport.
Speaking to direct at the ceremony, Mr. Nguyen Hoa Binh - Member of the Politburo, Permanent Deputy Prime Minister, Chairman of the Executive Council of the International Finance Center in Vietnam emphasized the national vision when forming this model.
Standing Deputy Prime Minister Nguyen Hoa Binh affirmed: "We are determined to form an international financial center not simply stemming from internal needs, but this is a strategic choice for Vietnam to actively participate in the global financial market, anticipating the strong restructuring momentum of capital flows and the world value chain.
At the same time, the Deputy Prime Minister requested a strong change in management thinking: "We must decisively give up the mindset of asking for and giving to the mindset of accompanying and creating. In which strategic investors are not just business partners, you have brought us knowledge of policies, valuable experiences in shaping legal infrastructure, building advanced and attractive financial products.
On behalf of the operating agency, Mr. Ho Ky Minh - Standing Vice Chairman of Da Nang City People's Committee, Chairman of the International Finance Center in Da Nang, presented key task orientations.
Mr. Ho Ky Minh committed: "Taking investors, financial institutions and markets as the center of service, continuing to study the one-stop shop mechanism, one-stop shop, shortening processing time, reducing compliance costs, improving satisfaction for participating members, periodically assessing operational efficiency, and promptly adjusting inappropriate processes and mechanisms".
The Vietnam International Finance Center in Da Nang is directly managed by the Management Agency established under Decree No. 323/ND-CP of the Government. Currently, the headquarters area at Software Park No. 2 is ready with more than 4,000 m2 of floor area for use with full 5G Internet infrastructure, server data system.
According to the roadmap, by the second quarter of 2026, Da Nang will complete the 20-story building with a smart operating system, creating working space for investment funds, Fintech companies and piloting (Sandbox) new financial models such as digital assets, digital money and digital payments.
