OIF is considered one of the pioneering models in Vietnam aiming for a harmonious connection between state policy orientation, private capital, and on-chain technology, based on a multi-sectoral cooperation platform.
OIF is designed as a mechanism for regular coordination between businesses, technology organizations, and regulatory bodies.
Each working group will produce three required outcomes, including: industry policy documents and recommendations; a proposed testing mechanism (sandbox) to be submitted to the regulatory authority; and practical application cases (use cases) ready for deployment by businesses.
Mr. Khoa Nguyen, Secretary General of GOE Alliance, said: "We are not just introducing an idea, but aiming to implement practical mechanisms. Da Nang possesses many favorable conditions in terms of policies, development orientation, and living environment to attract innovative resources. OIF is expected to help connect and effectively utilize these conditions."
For DISSC, collaborating with GOE Alliance in OIF is a concrete step towards translating the spirit of Resolution No. 259/2025/QH15 on amending and supplementing some articles of Resolution No. 136/2024/QH15 of the National Assembly on piloting some specific mechanisms and policies for the development of Da Nang city into concrete action.
The implementation of OIF is taking place against the backdrop of Da Nang possessing rare and unique mechanisms. Resolution No. 259/2025/QH15 grants the city the right to operate a controlled sandbox in many areas, including digital assets, payments, and carbon markets.
In addition, Resolution No. 222/2025/QH15 outlines the plan to locate the Vietnam International Finance Center (VIFC) in Da Nang.
While many Asian financial centers are tightening regulations, Da Nang is taking the opposite approach by opening a controlled pilot program instead of waiting for a complete legal framework.
These are the conditions Lugano had before becoming Europe's first digital asset center: national policy will, a legalized sandbox, and a city small enough to change quickly but large enough to set a precedent.
While it took Lugano three years to go from declaration to implementation, Da Nang, with its existing legal framework, can significantly shorten that process.
Established in 2025, GOE Alliance is an institutional coordinating organization connecting global on-chain standards with legal frameworks and practical applications in each market. The organization holds a strategic membership position at VIFC and brings together a network of members including Viettel Digital, Dragon Capital, Sky Mavis, Kyber, Tether, Exabyte, On-chain Academy, Newton, Republic, TOTM, and other domestic and international partners.
Source: https://baodanang.vn/ky-ket-hop-tac-trien-khai-open-innovation-framework-tai-davas-2026-3338129.html
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