Vietnamese commercial banks, which operate in the country’s International Financial Centre (IFC), are not allowed to purchase and sell bonds issued in foreign currency abroad exceeding 7 per cent of their equity.
Prime Minister says centres will mobilise capital for infrastructure without raising public debt whilst positioning Việt Nam in global financial network.
Đà Nẵng City on December 19 kicked off construction of infrastructure in the subzone B of Nam Thăng Bình Industrial Park (IP) located in Thăng Điền Commune.
Prime Minister Phạm Minh Chính has instructed ministries and local authorities to accelerate preparations so that Việt Nam’s International Financial Centre can begin operations by November 2025.
Experts said Việt Nam’s planned International Financial Centre could help nurture future unicorns and attract global capital with flexible policies and open digital infrastructure.
Speaking at the Government’s meeting on Tuesday to discuss eight draft decrees guiding the implementation of the National Assembly’s Resolution 222/2025/QH15 on the development of the IFC in Việt Nam, PM Chính urged breakthrough and superior mechanisms to attract international...
The building of an IFC aims to not only attract investment or connect with the world but also develop new and efficient governance mechanisms, policies, and models, PM Phạm Minh Chính has said.
Yango Ads, an AdTech platform of Yango Group, has officially signed a Memorandum of Understanding (MOU) with the Đà Nẵng Tourism Promotion Centre to strengthen co-operation in digital communication and market development.
The Ministry of Justice on October 3 held a pivotal seminar focusing on the development of a comprehensive legal framework for Việt Nam’s emerging International Financial Centres (IFCs).
Seven MoUs on high-quality human resources education, innovation and research in semiconductor & AI were signed among local and international partners in the second Da Nang Semiconductor Day.
Local property developer Sun Group has officially begun construction of Danang Downtown, a premium entertainment and culture park set to become a new landmark in the coastal city.
As the central city of Đà Nẵng aims to be one of Việt Nam’s three leading semiconductor and microchip hubs by 2030, home to a high-quality manpower training network linked with a comprehensive semiconductor ecosystem, concerted efforts are being made...