Vietnam International Financial Centre in Da Nang targets global recognition
DNO - The Vietnam International Financial Centre in Da Nang (VIFC-DN) is positioning itself as a credible and competitive hub on the global financial landscape, anchored in financial innovation and sustainable development.
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Target innovation and sustainable finance
On January 19, Mr. Dang Dinh Duc, Vice Chairman of the Executive Authority of VIFC-DN, said that the Da Nang People’s Committee has submitted an official proposal to the Ministry of Finance outlining the city’s strategy to develop the international financial centre.
The core objective is to clearly position VIFC-DN internationally while gradually establishing Da Nang’s reputation as a transparent, safe and efficient financial environment in the eyes of global investors.
According to the plan, Da Nang aims to define VIFC-DN not merely as a domestic financial hub, but as an emerging international destination associated with fintech innovation, green finance and long-term sustainability.
The city will, in the initial phase, hire international consultants to develop a comprehensive brand identity for VIFC-DN, including a core positioning framework, logo, visual identity system and official slogan.
Brand building will go hand in hand with international promotion. Da Nang plans to integrate the VIFC-DN message into its broader global communications strategy, highlighting the city’s high quality of life, safe living environment, distinctive cultural identity and reputation as one of Vietnam’s most liveable cities.
The city aims to attract not only investors and financial institutions, but also global experts who can live and work long term in an urban environment closely connected to nature and central Vietnam’s cultural heritage.
Da Nang is also positioning itself as a venue for international dialogue on finance and sustainability by hosting global conferences and forums on finance, fintech and green investment.
It will actively invite reputable international organisations, such as the World Economic Forum and global green finance councils, to hold events in Da Nang, viewing each event as a strategic opportunity to showcase the potential of VIFC-DN to the international financial community.
International partnerships drive global positioning by 2030
Da Nang is accelerating global outreach by organising investment promotion programmes in major financial centres and establishing long-term partnerships through memoranda of understanding.
Key cooperation targets include the Singapore FinTech ecosystem for startup incubation; the Dubai International Financial Centre for regulatory sandbox experience; Luxembourg for green bond and sustainable finance development; Busan for fintech services and regional capital market connectivity, and the International Capital Market Association for setting standards for green financial products.
These above-mentioned partners not only provide technical support but also help elevate the VIFC-DN brand through their endorsement and recognition of its credibility.
In parallel, Da Nang is encouraging multilateral financial institutions such as the World Bank, ADB and IFC to open representative offices in the city, strengthening investor confidence.
VIFC-DN will regularly publish performance reports on attracted companies, mobilised capital and successful sandbox initiatives, and actively engage with international financial media through case studies and in-depth features.
Looking ahead, Da Nang plans to join global networks of financial centres and work with Z/Yen, the publisher of the Global Financial Centres Index (GFCI), with the goal of being included in international rankings.
By 2030, the city aims for VIFC-DN to be recognised among the world’s leading emerging financial centres.
Equally important, the executive authority of VIFC-DN is committed to building a professional, transparent and law-abiding institutional culture, with strict adherence to ethical standards, integrity and social responsibility.