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Proposing UAE to connect economic groups to invest in finance, technology and logistics in Da Nang

DNO - During the working program in the United Arab Emirates (UAE), on the morning of November 19, the delegation of Da Nang city leaders led by Deputy Secretary of the City Party Committee Ngo Xuan Thang had a working session with senior leaders of the Dubai Chamber of Commerce.

Báo Đà NẵngBáo Đà Nẵng22/11/2025

Also attending were Permanent Vice Chairman of the City People's Committee Ho Ky Minh; leaders of the City Party Committee Office, departments and branches.

21 DUBAI
Deputy Secretary of the City Party Committee Ngo Xuan Thang presents souvenirs to leaders of the Dubai Chamber of Commerce. Photo: PV

At the meeting, the leaders of Da Nang city said that in recent times, they have proactively promoted many cooperation activities with the United Arab Emirates in investment promotion, marine space development and experience exchange.

In the coming time, we request the UAE to support connections with large corporations and investment funds to learn about and invest in the Free Trade Zone and International Financial Center in Da Nang; at the same time, we hope to cooperate in developing the field of logistics and international transportation, learning from the model of seaports and goods distribution centers of the UAE - an important trade hub of the MENA region.

The city proposed that the UAE support the construction of a technology park and innovation center, promote cooperation in AI, semiconductors, IoT, and big data, and coordinate the organization of activities to promote the investment, business, and tourism environment of Da Nang in the UAE.

Along with that, strengthen cooperation to develop the Vietnam International Financial Center in Da Nang, including consulting on models from Dubai and ADGM, sharing operational experience, licensing mechanisms, management and attracting high-quality human resources.

At the meeting, senior leaders of the Dubai Chamber of Commerce pledged to support and create all favorable conditions to enhance development cooperation with Da Nang city; especially connecting and attracting the participation of corporations, businesses and banks in the International Financial Center in Da Nang.

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The delegation took a souvenir photo. Photo: PV

* On the afternoon of November 19 , the delegation worked with APEX Group and connected with many businesses belonging to the Association of Investors operating in the UAE.

At the meeting, APEX Group representatives introduced an overview of the group's scale, capacity and core strengths in the field of fund management and international financial services.

Apex Group currently maintains two offices in leading financial centers in the Middle East including Dubai International Financial Centre (DIFC) and Abu Dhabi Global Market (ADGM).

APEX was also the first independent fund manager licensed to operate in DIFC nearly two decades ago, marking the group's pioneering position in the Dubai market.

Speaking at the meeting, the leaders of Da Nang city expressed their thanks to APEX Group for the thoughtful reception and connection with international partners to work with the delegation.

The city highly appreciates APEX’s desire to become a member of the International Financial Center in Da Nang. The signing of the cooperation agreement between the city and APEX is considered an important basis for expanding cooperation activities, while creating a new milestone in the process of building an international financial ecosystem in Da Nang.

The city hopes that APEX Group will share its experiences in implementing the International Financial Center, especially in building a legal institutional framework, mobilizing capital sources, attracting the participation of large corporations and enterprises, training and developing human resources, etc.

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Scene of the working session with APEX Group. Photo: PV

City leaders introduced the development orientation of the International Financial Center in Da Nang, based on three main pillars: green finance, cross-border trade finance, and financial technology - digital assets.

The focus is on developing cross-border trade finance combined with the advantages of seaports, logistics, international tourism, etc. to form a diverse, smart, modern, customer-centric financial ecosystem.

APEX Group leaders highly appreciated the information and suggestions of the City Delegation, and provided many practical issues and experiences in building leading financial centers in the Middle East region including Dubai International Financial Center (DIFC) and Abu Dhabi Global Market (ADGM).

* On November 20 , the working delegation worked with Bybit Company to discuss the operational situation, cooperation initiatives and development orientation in the coming time.

At the meeting, Bybit introduced an overview of its global scale, outstanding achievements as well as its presence in the Vietnamese market, which is contributing significantly to the group's international operations.

Bybit informs about recent activities in Vietnam, including the signing of a Memorandum of Understanding with Da Nang City, plans to organize a VIP Gala, cooperation with Verichains in the field of blockchain security, and education and training programs related to Web3.

The delegation took a souvenir photo with Bybit Company. Photo: PV
The delegation took a souvenir photo with Bybit Company. Photo: PV

Bybit proposes to support the implementation of a sandbox model for a global centralized exchange within the framework of the International Financial Center in Da Nang.

Da Nang welcomes the proposals and requests that Bybit specifically identify the needs for technical infrastructure, as a basis for the city to support connections with telecommunications businesses for investment cooperation. The city supports connections with high-quality human resources, coordinates the implementation of internship programs and training initiatives.

At the meeting, the city leaders and Bybit Company highly agreed to continue to organize in-person and online meetings to maintain the activities of the joint working group between the two sides; regularly exchange to promptly remove obstacles and effectively implement the Memorandum of Understanding on cooperation.

Source: https://baodanang.vn/de-nghi-uae-ket-noi-cac-tap-doan-kinh-te-dau-tu-vao-tai-chinh-cong-nghe-va-logistics-tai-da-nang-3310908.html


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