Many cooperations were signed at Vietnam Blockchain Day 2025
In parallel with the preparation of physical infrastructure, Da Nang is strengthening cooperation with major domestic and international partners.
Vietnam Blockchain Day 2025, taking place on August 29 at the City Administrative Center, is one of the most notable financial - technology events in the third quarter of this year. The event brings together all management agencies, experts, technology enterprises and domestic and international investors to discuss how to make blockchain an infrastructure for financial centers in the future.
Vietnam Blockchain Day 2025 is positioned as a strategic forum, where blockchain is seen not only as a technology, but as a foundation for building an international financial center in the future. The discussion sessions will revolve around key issues such as perfecting the legal framework for digital assets, developing open blockchain infrastructure, applying to smart urban management and the prospects of the market for accounting in opening new capital mobilization channels.
Along with that are discussions on the role of exchanges and the establishment of modern auditing standards, a key factor to ensure the confidence of global investors.
The highlight of the event was the public-private dialogue session: "Shaping the future of digital assets in Vietnam", where management agencies, Da Nang authorities and leading financial institutions in the world shared their vision and committed to action.
Also at the event, many strategic cooperation agreements between the parties will be signed. SSI - Vietnam's leading financial institution, together with members of the ecosystem, will sign a memorandum of understanding with the People's Committee of Da Nang City to accompany the process of building an international financial center. This cooperation aims to support the coastal city in building an international financial center with four key pillars: Technology infrastructure, human resource development, financial standards and assessment standards.
In particular, SSI also continues to expand its international cooperation network through cooperation agreements with global institutions such as FTSE Russell and VanEck. This is considered an important milestone, opening the door for Vietnam to integrate more deeply into the international financial system. The agreement with FTSE Russell aims to mainstream the market, standardize data and bring Vietnam into the global index system. SSI's cooperation with VanEck, a world-leading fund manager with experience in the field of digital assets, is expected to open new products as well as a global capital allocation channel, helping to increase liquidity and attract long-term capital flows to the domestic market.
Monitoring activities shows that these commitments are not a single step. Over the years, SSI and members of the ecosystem such as SSI Digital - SSI's pioneer in the field of digital technology and blockchain, SSIAM, and U2U Network - blockchain Infrastructure Layer-1 is ranked Top 3 globally in the field of 100% decentralized infrastructure developed by Vietnamese people, and has continuously participated in building a digital asset market, organizing large-scale events to bring Vietnam to the global blockchain map. A typical example is GM Vietnam 2025, gathering more than 20,000 attendees in Hanoi, with the appearance of many international partners creating a "playground" for the Top 3 in Asia. Previously, Vietnam Tech Impact Summit 2024 (VTIS 2024) also created a great buzz in the field of digital assets.
This series of activities affirms SSI's pioneering role, not only as a leading financial institution in the country, but also a bridge to bring international standards to the domestic market. The signings at Vietnam Blockchain Day 2025 are concrete evidence, reflecting SSI's long-term strategy in accompanying Da Nang and the Government on the journey to build an international financial center.
Promoting cooperation in building infrastructure for international financial centers
Returning to the journey of building a financial center, if the cooperation is the foundation, infrastructure will be the decisive factor for the success of the financial center. Mr. Pham Luu Hung, Chief Economist, Director of Analysis of SSI emphasized that a financial center can only operate effectively when it possesses a modern financial infrastructure and a legal framework that meets international standards. This is a big challenge that Vietnam needs to urgently overcome.
According to Mr. Hung, the financial market is essentially a market of trust. International investors are only willing to pour capital when the legal system ensures transparency, stability and is capable of protecting their rights. Therefore, perfecting the legal framework for financial activities and digital assets is an urgent requirement, must be one step ahead to pave the way for foreign capital flows.
Along with legality, technology infrastructure and payment systems also need to be upgraded to approach global standards. The application of fintech, artificial intelligence and blockchain in financial management will help Vietnam shorten the gap with major centers. This is also the reason why Da Nang chose blockchain as a pillar in the project to build an international financial center, in order to take advantage of opportunities from new technology and catch up with the international capital wave.
Another factor that cannot be ignored is human resources. Mr. Hung assessed that Vietnam has made progress in training financial personnel, many international linkage programs have been implemented, and this country is increasingly attracting foreign talents. However, to compete with the region, Vietnam needs to invest more in financial education, especially in the fields of risk management, technology finance and international capital markets.
The presence of international institutions at Vietnam Blockchain Day 2025 such as FTSE Russell, VanEck, Tether, as well as the commitment of domestic enterprises such as SSI, SSI Digital, U2U together with other partners shows that Da Nang is actively building a financial center not only with physical infrastructure, but with international standard infrastructure.
The cooperation agreements that will be implemented will create a "push" to attract more long-term investors, institutions ready to be headquartered in Vietnam, thereby spreading confidence to the entire market.
The experience of Singapore, London or New York shows that success comes from a methodical approach and extensive international cooperation. For Vietnam, according to experts, the principle of "think big, start small", starting with small standardization but certainly being the right direction. Da Nang is the starting point, with the support of domestic and international partners, to gradually form a competitive financial center in the region.
