In the project to build a regional financial center, the Da Nang government has stated that the city is not only an important domestic connection point but also an international gateway with the ability to directly connect to 35 cities in 11 countries and territories. Da Nang International Airport, with a frequency of 51 flights/day, along with the largest seaport in the Central region and Lien Chieu wharf are planned to become international transit ports, creating favorable conditions for international trade and capital flows. In particular, Da Nang has the highest mobile and fixed broadband network speed in the country, connected to two international submarine optical cables SWM3 and APG, ensuring smooth and effective information connection.
Da Nang is highly appreciated by international investors for its living and business environment. With an air quality index (AQI) at Good level and leading the PEPI 2022 rankings for environmental protection. Da Nang is an ideal destination for financial experts and families. In addition, its reputation as a young tourist city with high-quality living space also attracts businessmen and high-class tourists, creating a diverse environment for exchange and cooperation. The planning of an international marina also contributes to enhancing the experience for the upper class.
Da Nang is aiming to become a national innovation center, focusing on high-tech fields such as semiconductors, artificial intelligence, blockchain and cloud computing. In particular, with Resolution 136/2024/QH15, Da Nang is granted a special mechanism to attract strategic investors in these fields, while supporting innovation and startups. This creates a solid foundation for the development of a modern financial center, associated with advanced technology.
Regarding infrastructure and land fund, Da Nang has arranged two clean land funds with a total area of nearly 16 hectares, with the best connectivity and infrastructure in the country, to build a financial complex, office, high-end resort and financial technology service area, adjacent to Software Park No. 2. In the future, Da Nang will expand the land fund by 62 hectares to increase the attractiveness for investors. This shows the city's careful preparation and strategic vision in building a large-scale financial center.
Financial investment funds and organizations are interested in developing the Da Nang financial center in the direction of combining innovation, green finance, financial technology and trade finance. This will create a difference, attract investment and create a trading unit in the global value chain. The combination of traditional financial services and advanced technology will help Da Nang become a dynamic and sustainable financial center.
With these outstanding advantages, Da Nang is fully capable of becoming an attractive regional financial center, not only attracting investment capital but also contributing to promoting economic development of both the Central region and Vietnam.
The People's Committee of Da Nang City said that it will organize a workshop on "Developing Regional and International Financial Centers in Vietnam" on January 16, 2025 to: Introduce the policy and orientation for developing International Financial Centers in Vietnam, including a comprehensive International Financial Center in Ho Chi Minh City and a Regional Financial Center in Da Nang City; at the same time, promote the potential and favorable conditions for international and regional financial centers in Vietnam to soon form and develop.
Consulting with state management agencies; strategic investors; financial organizations and institutions; investment funds; consulting companies (law, finance, accounting, auditing, etc.); training institutions and domestic and foreign experts and scientists on specific mechanisms and policies for the development of an international financial center in Vietnam...
