Permanent Deputy Prime Minister Nguyen Hoa Binh received a number of large UAE enterprises.

Permanent Deputy Prime Minister Nguyen Hoa Binh and Bybit General Director - Photo: VGP/Nguyen Hoang

At the working session with Bybit - a company with more than 2.5 million users in Vietnam (accounting for about 15% of the market), and also the largest cryptocurrency exchange in the UAE, the General Director of Bybit welcomed Vietnam's orientation on piloting digital assets and building an international financial center.

Bybit affirms its readiness to support the development of a legal framework, share international experiences and participate in training human resources for Vietnam.

The Deputy Prime Minister congratulated Bybit on its success, emphasizing that developing a pilot legal framework for digital assets is an important task, and asked the company to continue accompanying Vietnam in this process.

At the working session with Binance General Director, the Permanent Deputy Prime Minister expressed his wish that Binance open a headquarters in Da Nang and cooperate closely with the Vietnam International Financial Center in deploying a crypto asset trading floor - Photo: VGP/Nguyen Hoang

At a working session with the General Director of Binance - the world's leading digital asset trading platform, the First Deputy Prime Minister expressed his wish that Binance open a headquarters in Da Nang and cooperate closely with the Vietnam International Financial Center in deploying a crypto asset trading floor.

On this occasion, the Deputy Prime Minister invited Mr. Richard Teng, General Director of Binance and former General Director of Abu Dhabi Global Market, to be a senior advisor for the construction and development of the Vietnam International Financial Center.

On Binance's side, Mr. Richard Teng agreed to share experiences and cooperate closely to develop the crypto asset market in Vietnam, and agreed to share experiences in developing an international financial center from Abu Dhabi's experience.

Deputy Prime Minister witnesses MOU signing ceremony on cooperation in developing blockchain technology and digital assets between Binance and Da Nang City People's Committee - Photo: VGP/Nguyen Hoang

Within the framework of the working session, the Deputy Prime Minister also witnessed the signing ceremony of MOU on cooperation in developing blockchain technology and digital assets between Binance and the People's Committee of Da Nang City.

Permanent Deputy Prime Minister Nguyen Hoa Binh and CEO of Emaar Properties - Photo: VGP/Nguyen Hoang

During the meeting with Emaar Properties - a leading real estate group with presence in 15 countries with many famous projects, such as the world's tallest tower Burj Khalifa and the global trade center Dubai Mall, the CEO of Emaar Properties wanted to seek investment opportunities in Vietnam.

The Permanent Deputy Prime Minister highly appreciated Emaar's international successes, emphasizing that the Vietnam-UAE economic relationship is developing well, affirming that choosing Vietnam was the right decision.