Singapore’s United Overseas Bank (UOB) is exploring membership in the Vietnam International Financial Centre (VIFC), a project meant to connect domestic, global and regional capital flows.
With ambitions to become a destination for global technology capital, the central coastal city of Đà Nẵng is introducing stronger mechanisms to attract investors and greater opportunities for startups and innovation-driven enterprises.
As a late entrant in an increasingly competitive global market, Việt Nam must offer attractive policies to draw investment to the VIFC while maintaining effective oversight, managing risks and safeguarding macroeconomic stability.
Under the Government’s plan, VIFC-HCMC will focus on banking, capital markets and investment connectivity, while VIFC-DN will specialise in fintech, digital and green finance.
Việt Nam and the United Kingdom (UK) are seeking to deepen cooperation in capital market development, green finance and the establishment of the international financial centres (IFC) hubs in Đà Nẵng and HCM City.
Venture capital is critical to spurring technological innovation and pushing Vietnamese firms into emerging sectors while supporting legal fine-tuning to breakthrough momentum for economic growth, said Deputy Minister of Finance Nguyễn Đức Tâm.
The strong improvement highlights the growing momentum of Đà Nẵng’s innovation and startup ecosystem amid increasing global competition to attract technology, innovation and high-quality human resources.
The expansion will add 3,600sq.m to the terminal, increasing total floor space to more than 21,000sq.m, with check-in counters rising from 54 to 85 and aerobridge gates from four to seven.
Đà Nẵng is intensifying efforts to attract investment, develop the international financial centre and unlock development resources as the central coastal city aims to achieve economic growth of more than 11 per cent in 2026.
A meeting between officials from Đà Nẵng and Laos’ Sekong province was held in Sekong on May 6 to discuss traffic management and immigration procedures at the Nam Giang – Daktaok international border gates during the Vietnamese city''s upgrade of...
Việt Nam’s decision to establish a Vietnam International Financial Centre (VIFC) in HCM City and Đà Nẵng marks not merely an economic project, but a significant shift in institutional reform thinking.
With total investment estimated at around VNĐ45.3 trillion, the port is designed to include eight container berths with a combined length of 2,750 m. It will be capable of handling vessels of up to 18,000 TEU.
Speaking at the opening ceremony, Vice Chairman of the Đà Nẵng People’s Committee Trần Chí Cường said the exhibition is a large-scale trade promotion event aimed at showcasing products, connecting markets, and helping businesses enhance competitiveness while expanding domestic and...
Đà Nẵng on March 29 broke ground on the 435ha Tam Anh-An An Hòa Industrial Park in the Chu Lai Open Economic Zone, with an aim of attracting high-tech foreign direct investment to the central region.