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Enhancing cooperation between the Vietnam International Financial Centre and Dubai.

DNO - On September 25th, within the framework of the Vietnamese Government's working visit to the United Arab Emirates (UAE) and the Federal Republic of Germany, Politburo member and Standing Deputy Prime Minister Nguyen Hoa Binh held a meeting with Mr. Essa Abdulfattah Kazim, Governor of the Dubai International Finance Centre (DIFC).

Báo Đà NẵngBáo Đà Nẵng26/09/2025

Visiting-working-with-the-leaders-of-the-dubai-international-finance-center-difc33-1758843789794207698011.jpg
A delegation from the Vietnamese Government visits and works at the Dubai International Financial Centre. Photo: PV

Permanent Deputy Prime Minister Nguyen Hoa Binh congratulated DIFC on its outstanding achievements in recent times; and emphasized that Vietnam values ​​its friendly relations and comprehensive cooperation with the UAE - Vietnam's comprehensive partner in the Middle East.

Based on Resolution No. 222/2025/QH15 of the National Assembly on the establishment of an international financial center in Vietnam following the "one center - two locations" model in Ho Chi Minh City and Da Nang, Vietnam wishes to learn from DIFC's experience in organization, governance, infrastructure development, and the judicial system based on the English Common Law system currently applied at DIFC.

Promoting connectivity, facilitating investment, and inviting investment funds and financial institutions from Dubai to participate in the International Financial Center in Vietnam; while also supporting training, expert exchange, financial service connectivity, and strengthening tripartite cooperation between Ho Chi Minh City, Da Nang, and DIFC.

According to a DIFC representative, after more than 20 years of formation and development, according to the Global Financial Centres Index (GFCI) 2025 ranking, DIFC is ranked number 1 in the Middle East and 12th in the world (up 4 places), with more than 5,000 operating businesses, including many large financial institutions and multinational corporations.

DIFC is ready to share its experience and promote cooperation with Ho Chi Minh City and Da Nang, connecting Vietnam's financial center with DIFC to become a financial bridge between ASEAN, the Gulf Cooperation Council (GCC), and the global market.

Both sides agreed to cooperate on policy mechanisms to develop capital markets, secondary financial services, fintech, green finance, and digital assets; and to share experiences in the areas of financial center management, anti-money laundering, and national financial security.

Source: https://baodanang.vn/tang-cuong-hop-tac-giua-trung-tam-tai-chinh-quoc-te-viet-nam-va-dubai-3303711.html


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