DNO - The Vietnam International Financial Center (VIFC) in Da Nang has has brought together 12 official members and attracted nearly 90 domestic and international investors who have submitted applications or expressed formal interest.

As one of 12 official founding members of the center, the Danang Fintech Lab is positioning itself as a bridge for sustainable collaboration, fostering fintech innovation and advancing digital finance in the era of the digital economy.
Founder and Chair of Danang Fintech Lab Tran Ha My highlighted that Da Nang has maintained its status as Vietnam’s “smart city” for six consecutive years, while also leading the country in startup activity, ecosystem concentration, and green development.
“Danang Fintech Lab serves as a connector between academia, enterprises, and the technology community,” she said.
The lab is developing a regulated platform aimed at expanding access to capital flows into formal financial infrastructure, while collaborating with global partners on real-world asset tokenization to help position Vietnam, and Da Nang in particular, as an emerging digital finance hub.

According to Oscar Njuguna, the Director of Membership, the Executive Agency of VIFC Da Nang, the center has identified a set of priority sectors aimed at building a robust framework to attract global capital and investors.
Fintech and financial innovation stand at the core of this strategy, serving as key drivers of modernization in the financial system.
Alongside this, green finance has been prioritised to support sustainable growth and align with environmental objectives.
Trade finance for commodities has also been identified as a strategic pillar, designed to support the development of free trade zones and the expanding manufacturing ecosystem in Central Vietnam.
At the same time, the center will place strong emphasis on deepening capital markets through venture capital, private equity funds, and asset management activities.
These mechanisms are expected to mobilise long-term capital and support Vietnam’s broader economic development goals.
When businesses consider financial centers, tax incentives are always a top priority.
With a regard to corporate income tax at the VIFC, priority industries enjoy a corporate income tax rate of 10% for 30 years, with exemptions of no more than 4 years and a 50% reduction for no more than 9 subsequent years.
The remaining professions also enjoy a preferential tax rate of 15% for 15 years, including a tax exemption of no more than 2 years and a 50% reduction of no more than 4 years thereafter.
Managers, experts, scientists, and highly qualified professionals will be exempt from personal income tax on salaries and wages until the end of 2030.
Import duties will be exempted for machinery, equipment, raw materials, and components imported to form fixed assets for investment projects within the VIFC.
In addition, immigration procedures are also highly important to ensure that members of the financial center can bring in personnel quickly to work.
A ‘smart visa’ policy is being developed to ensure that foreign workers can obtain work permits quickly and efficiently.

In 2026, the Executive Agency of the VIFC Da Nang plans to send delegations to major global events, including the 56th Annual Meeting of the World Economic Forum (WEF) and the Asian Financial Forum in Hong Kong (China).
These missions aim to proactively engage with international investors, financial institutions, and major corporations to promote Da Nang as an emerging financial hub and mobilize capital for key development projects.
The agency is proactively engaging with investment funds, financial institutions, and major domestic and international corporations to promote and present opportunities to global investors.
The aim is to mobilise capital for development projects and channeling it into the real economy, while gradually building financial platforms, trading systems, and deploying modern financial instruments.
According to Ho Thanh Thuy, the Director of External Relations, Sunwah Group (Hong Kong, China) in Ho Chi Minh City, the group has been actively strengthening connections between Vietnam, particularly Da Nang, and its extensive ecosystem in the Guangdong-Hong Kong-Macao Greater Bay Area (China).
With support from Da Nang authorities in 2025, Sunwah established the Da Nang-Greater Bay Area Innovation Hub, aimed at promoting the city’s startup and innovation ecosystem to investors in the Greater Bay Area.
Recently, Da Nang’s development of a financial center and its pilot regulatory sandbox framework have attracted significant attention in financial markets, as the sandbox provides a favourable environment for testing innovative ideas and new business models.
According to Dang Dinh Duc, the Standing Vice Chairman of the Executive Agency of VIFC Da Nang, the agency is completing procedures to join the UNDP Financial Centres for Sustainability (FC4S).
The agency is also working with global partners, investment funds, and international organisations to develop a pilot model for digital asset trading and asset tokenization under a regulatory sandbox framework.
This initiative is expected to create new capital-raising channels for major infrastructure projects in Da Nang, Central Vietnam, and across the country at large, reinforcing the city’s ambition to become a dynamic financial innovation hub in the region.