More than 40 organizations and businesses are interested in the Da Nang Financial Center

Up to now, more than 40 organizations and businesses have sent letters of interest to become members of the Vietnam International Finance Center in Da Nang City.

On the morning of November 4, at the Swiss-Vietnam Economic Forum 2025, coordinated by the Swiss Embassy in Vietnam and the People's Committee of Da Nang City, Mr. Ho Quang Buu, Vice Chairman of the People's Committee of Da Nang City, said that up to now, more than 40 organizations and enterprises have sent letters of interest to become members of the Vietnam International Finance Center in Da Nang, including partners from Europe.

Vice Chairman of the People's Committee of Da Nang City Ho Quang Buu said that there are more than 40 organizations and enterprises interested in becoming members of the Da Nang International Financial Center.

According to the leaders of the People's Committee of Da Nang City, the city is aiming to become one of the major socio-economic centers of the country and Southeast Asia by 2030, and a large, ecological, smart urban area, a livable coastal city of Asian standard by 2045. To realize this vision, Da Nang is creating a completely new development space. Including: Expanding both administrative scale and population; possessing outstanding infrastructure with 2 standard airports, 03 international seaports, along with specific mechanisms and key economic zones, notably the establishment of the Da Nang Free Trade Zone (FTZ); being 1 of 2 locations of the International Financial Center (IFC) Vietnam.

“Da Nang has been chosen as the location to develop the Vietnam International Financial Center (IFC) and the Free Trade Zone (FTZ). This is a new growth engine of national strategic significance, and we are committed to creating the most favorable conditions to build an outstanding legal and institutional environment,” said Vice Chairman of the Da Nang People’s Committee Ho Quang Buu, adding more specifically: “ The initial results have been that more than 40 organizations and businesses have sent letters of interest to become members of the International Financial Center, including partners from Europe.”

At the Forum, the leaders of Da Nang City hoped that organizations, investors, and businesses would help the city connect with Swiss financial experts so that Da Nang could consult in-depth on the operating model of the International Financial Center. This is also the focus of the city leaders' working trip to Switzerland on November 10, 2025.

At the end of September 2025, in Germany, under the witness of Permanent Deputy Prime Minister Nguyen Hoa Binh , the People's Committee of Da Nang City signed a Memorandum of Understanding on cooperation on the financial center with Frankfurt Main Finance Company. Photo: Dinh Cuong

Da Nang is making efforts to promote and attract investors, organizations and financial institutions to develop an international financial center.

In recent times, the city has organized many delegations to survey and learn from the experience of developing Financial Centers in EU member countries such as France, Germany, etc. The city has also established a Steering Committee and Advisory Council for the construction of the City Center with the participation of leading domestic and international economic and financial experts to best prepare for the operation and development of the Danang International Financial Center.

Recently, at the Conference on the establishment of an international financial center in Vietnam, Prime Minister Pham Minh Chinh requested the agencies assigned to draft to continue updating and soon complete the draft Decree on the international financial center in Vietnam, submit it to the Government for approval, and make efforts to put the international financial center into operation in November 2025.

Source: https://congthuong.vn/hon-40-to-chuc-doanh-nghiep-quan-tam-den-trung-tam-tai-chinh-da-nang-428830.html