Da Nang aims to strongly develop digital financial services

(Chinhphu.vn) – On the afternoon of June 4, Da Nang City held a conference on connecting and developing blockchain technology and artificial intelligence 2025.

Vice Chairman of Da Nang City People's Committee Ho Ky Minh speaks at the conference - Photo: VGP/Luu Huong

With the theme "Emerging Tech: Creative synergy, future orientation", the conference aims to affirm the role of the technology ecosystem in socio -economic development, the Government's orientation and support policies for science, technology, innovation and digital transformation.

The conference also discussed opportunities and challenges of blockchain, AI and proposed promoting testing, investment, human resource development and investment potential to develop Da Nang into a financial and digital center.

Speaking at the conference, Mr. Ho Ky Minh, Vice Chairman of the People's Committee of Da Nang City, said that Da Nang is currently orienting towards the strong development of digital financial services, fintech and blockchain. These are key areas to promote digital transformation and the digital economy of the City.

Modern fintech models, such as e-payments, e-wallets and blockchain-based lending, are helping Da Nang become an attractive destination for fintech businesses.

Da Nang also focuses on building digital infrastructure through digital financial sandbox models and free trade zones, creating an open testing environment, promoting creativity and innovation. This is a strategic step to turn Da Nang into a leading digital financial center in the region, strongly connected to the global financial network.

In addition, Da Nang is also preparing the necessary steps to develop an international financial center, creating a platform for cross-border transactions and connecting with the global financial market, in line with the orientation of digital economic development and international integration.

"I believe that, with this orientation, Da Nang will not only be a digital technology center, but also a destination for creative and innovative startup ideas in the region," said Vice Chairman of Da Nang People's Committee Ho Ky Minh.

With the theme "Emerging Tech: Creative synergy, future orientation", the conference aims to affirm the role of the technology ecosystem in socio-economic development, the Government's orientation and support policies for science, technology, innovation and digital transformation - Photo: VGP/Luu Huong

AI has turned businesses into smart businesses, economies into smart economies.

Regarding Vietnam's national strategy on blockchain and AI, Dr. Nguyen Thanh Tuyen, Deputy Director of the Department of Information Technology Industry (Ministry of Science and Technology) said that the Party and the State have great expectations for science and technology, considering it a mandatory choice to better serve people's lives.

According to Dr. Nguyen Thanh Tuyen, the development of AI has turned businesses into smart businesses, and the economy into a smart economy. It is not just technology but a strategic lever to improve productivity.

Nowadays, AI is present in every aspect of life. Civil servants are being trained to use AI in their work to improve productivity and efficiency. The same goes for other industries. AI has been and is penetrating into daily life.

For blockchain, this application creates a foundation for transparency, security and innovation. In particular, blockchain can enhance transparency and fight corruption; trace the origin of agricultural products, increase export value; optimize supply chains and logistics; promote innovation and startups.

The Party and the State have issued many resolutions to promote science and technology, innovation and digital transformation, notably Resolution 57-NQ/TW on breakthroughs in science and technology development, innovation and national digital transformation.

Resolution 57 identified the development of science, technology, innovation and national digital transformation as the top important breakthrough, the main driving force to rapidly develop modern productive forces, perfect production relations, innovate national governance methods, develop the socio-economy, prevent the risk of falling behind, and bring the country to breakthrough development and prosperity in the new era.

Notably, the draft Law on Digital Technology Industry is expected to be considered and approved by the 15th National Assembly during its 9th session (currently taking place). This will be the legal framework for developing production, research, and supply of products and services based on new digital technologies, especially AI, big data, blockchain, Internet of Things (IoT), and cloud computing.

The draft Law on Digital Technology Industry is expected to have many preferential policies to promote investment in the AI ​​field, such as tax and financial incentives; support for land and infrastructure for human resource development; promoting the market and commercialization; controlled testing mechanism... to create favorable conditions for businesses and organizations to invest in the AI ​​field, promoting the development of the digital technology industry in Vietnam.

At the conference, delegates also discussed issues related to completing policies and legal frameworks for developing blockchain and AI applications to create technological breakthroughs and promote digital technology.

In addition, discuss contents related to building an international financial center, sandbox mechanism and opportunities for startups in Vietnam.

Luu Huong

Source: https://baochinhphu.vn/da-nang-dinh-huong-phat-trien-manh-dich-vu-tai-chinh-so-102250604190021685.htm