Da Nang Financial Center towards differentiated values

Nguyễn Linh |

Da Nang - Da Nang City leaders affirmed that they will not follow the traditional financial center model but focus on creating a new institutional space.

On the morning of July 9, the Opening Ceremony of the Vietnam Finance Forum 2026 officially took place in Da Nang. The Vietnam Finance Forum 2026, part of the Da Nang Economic, Financial and Technology Week 2026, gathered more than 350 delegates including economic - financial experts, policymakers, leaders of financial institutions, investors, and businesses.

This forum demonstrates the local determination to urgently complete the policy framework, proactively implement strategic solutions to realize the regional scale International Financial Center project, opening up new development space and improving the competitiveness of the economy.

Mr. Ho Ky Minh - Vice Chairman of Da Nang City People's Committee - affirmed: "For Da Nang, we clearly define that building an international financial center is not simply developing an additional financial functional area but building a new institutional space, a platform to test new financial models, gradually approaching international standards, creating motivation to promote innovation, digital transformation and green economic development of Vietnam".

Instead of following the beaten path of a traditional general center, the city prioritizes areas that are differentiated and bring high added value. The Vice Chairman of Da Nang City People's Committee added: "We do not aim to become a general financial center in a traditional approach but aim to build areas that are differentiated, capable of creating high added value and suitable for the development trend of global finance".

Lễ khai mạc Diễn đàn Tài chính Việt Nam 2026 quy tụ hơn 350 đại biểu tham dự. Ảnh: Nguyễn Linh
The opening ceremony of the Vietnam Finance Forum 2026 gathered more than 350 delegates. Photo: Nguyen Linh

Assessing the integration opportunities of domestic businesses, Mr. Truong Quoc Tuan - Vice President in charge of International Cooperation of the Da Nang Young Entrepreneurs Association (YBA Da Nang) - recognized the presence of the global financial community as an extremely positive signal.

According to Mr. Tuan, the real strength of the project lies not only in modern infrastructure but also in the transparent investment environment itself.

What makes the strength of a financial center is trust in institutions, trust between businesses and investors, trust to turn ideas into cooperative projects," affirmed a representative of YBA Da Nang.

Nguyễn Linh
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