Business Opportunities at VIFC Da Nang
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Finance and banking sector
VIFC Da Nang is a priority operating space for financial institutions, banks, securities companies, insurance companies, fund managers, fintech companies, and innovative financial models. Investors have access to a sandbox mechanism, superior preferential policies, and a legal environment that closely aligns with international standards. -
Supporting professional sectors (Law, accounting, auditing, consulting, etc.)
The VIFC Da Nang ecosystem encourages the participation of law firms, auditing firms, accounting firms, investment consulting firms, technology firms, and risk management firms to provide comprehensive support for financial operations. -
Unconditional sector
Commercial and service activities that do not require special conditions are given maximum facilitation in terms of investment and business procedures, contributing to the formation of a dynamic living and working environment that fully meets the needs of the international community of experts, investors, and workers.
Services
Investment Incentive Policies
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- The VIFC Da Nang Executive Agency grants licenses for the establishment and operation of banks and foreign bank branches at VIFC Da Nang. Licensing time: 60 days.
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- Expanding the jurisdiction of the Arbitration Council; allowing international arbitration centers to have jurisdiction to resolve all disputes by agreement of the parties related to investment and business contracts, except for certain specific cases concerning administrative decisions, labor, personal rights, and issues already resolved by judgments or decisions of competent authorities.
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- Allows trading of a diverse range of commodity groups in accordance with international practices, including agriculture, energy, industrial raw materials, metals (excluding gold), carbon credits, and certain cultural and artistic products in the form of digital assets (NFTs).
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- Priority selection as the investor for important investment projects to develop infrastructure and support services for the IFC.
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Tax Policies: Corporate Income Tax, Personal income tax, Import tax; Accounting policies; Capital market development and sandbox mechanism; Policy for strategic investors
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- Key investors will receive preferential treatment in visa issuance, temporary residence permits, and permanent residence registration with criteria aimed at facilitating the entry of foreigners.
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- Employers are allowed to recruit foreign workers according to job needs without limitations on the percentage of foreign workers; No need to report on the need to use foreign labor and no need to announce the recruitment of Vietnamese workers for positions intended for foreign workers.
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The People’s Committee of Da Nang City decides on land allocation, land leasing, permission for land use conversion, extension and adjustment of land use duration for investment projects of VIFC Da Nang members. The Land Management Agency of Da Nang City issues the first Certificate of Land Use Rights and Ownership of Assets Attached to Land to Members.
Media
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EventsAnnouncement On the Recruitment of Fixed-term professional employment contracts under the Policy for attracting high-quality human resources to work at the Executive Agency of VIFC-DN
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Press ReleaseInternational Financial Centre in Da Nang: An “Open Gateway” for New Financial Models
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Press ReleaseCentral hub calls for international investment in finance, hi-tech industries
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Press ReleaseViet Nam International Financial Centre in Da Nang City: Building a Brand, Elevating Its Standing
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