Da Nang focuses on attracting international financial investment.

DNO - On the morning of November 6th, the People's Committee of Da Nang City, in collaboration with the International Finance Corporation (IFC) - a member of the World Bank Group, organized a seminar titled "Positioning and Developing an International Financial Center in Da Nang City: Opportunities to Attract Transactions and Investments".

Ho Chi Minh City People's Committee Standing Vice Chairman Ho Ky Minh delivered the opening speech. Photo: TRONG HUY

The seminar took place over two days, November 6th and 7th, focusing on topics related to attracting sustainable financial services to the Vietnam International Finance Centre in Da Nang ; and developing a competitive ecosystem for digital assets – international experiences and development trends.

The seminar provides an opportunity to exchange and share international experiences on the management, operation, and development of key financial sectors, serving the formation and development of the Vietnam International Finance Center in Da Nang city.

This includes: trade finance and secured financial products, third-party trade finance support services; non-deposit lending institutions, sustainable finance (including green finance), digital asset development, and commodity exchange development.

According to Ho Ky Minh, Standing Vice Chairman of the Da Nang City People's Committee, Da Nang possesses a particularly strategic geographical location and has many favorable conditions and factors to participate deeply in the international supply chain.

Da Nang city has significant potential for socio -economic development, creating a demand for resources to invest in infrastructure and urban rail systems to connect and expand urban space, and strengthening the foundation for the future development of a financial center.

Mr. Rich McClellan, a member of the Advisory Board at the International Finance Centre in Da Nang, presented his paper at the seminar. Photo: TRONG HUY

The city also boasts a comprehensive transportation infrastructure and international connections, making it a renowned tourist and resort destination with the highest number of luxury accommodations in Vietnam (163 4-5 star establishments).

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Da Nang is also known as one of Vietnam's innovation hubs. For 14 consecutive years, the city has led the country in the Information and Communication Technology (ICT) readiness index; and for 5 consecutive years, it has been honored in all three categories of "Smart City" (in 2025, StartupBlink selected Da Nang as one of the 12 outstanding global startup ecosystems).

With its existing foundation, Da Nang is focusing on investing and developing to become a testing and development center for new technologies, from the Internet of Things to artificial intelligence and blockchain.

According to the Standing Vice Chairman of the Da Nang City People's Committee, the Vietnam International Finance Center in Da Nang will develop based on three main pillars: green finance, trade finance, and financial technology and digital assets.

Da Nang has identified new financial models to be implemented, ranging from digital assets, digital currencies, and digital payments to blockchain and artificial intelligence solutions; this will be accompanied by the strong development of fund management activities to support fintech startups.

In parallel, the city encourages green financial products and initiatives to align with the national goal of net-zero emissions and the international vision for sustainable development, leveraging the potential of renewable energy and sustainable tourism.

Da Nang also prioritizes the development of cross-border trade and finance linked to seaports, logistics, international tourism, and offshore financial services for FDI organizations, businesses, and global investors.

In particular, emphasis is placed on creating a favorable financial environment for small and medium-sized enterprises, as well as innovative startups, in order to create a diverse, dynamic, and innovative financial ecosystem linked to core values ​​such as green, smart, digital, innovative, inclusive, and customer-centric, leading to a better quality of life.

To implement this plan, the city has consulted and coordinated with central ministries and agencies to finalize the legal framework; and developed decrees related to the International Financial Center in Vietnam, which are expected to be submitted for promulgation before November 15th.

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The Standing Vice Chairman of the Da Nang City People's Committee emphasized that today's seminar is a forum for in-depth exchange among leading experts in the fields of finance and banking, law, technology, and investment, aiming to share international experiences and propose development models suitable to Da Nang's conditions and the direction of the Vietnamese Government.

The city hopes to receive many practical suggestions and recommendations, especially solutions related to green finance, supply chain financing, digital assets, and fintech; contributing to the completion of a modern, transparent, and sustainable financial ecosystem.

Source: https://baodanang.vn/da-nang-tap-trung-thu-hut-dau-tu-tai-chinh-quoc-te-3309341.html