The Vietnam International Finance Center Da Nang (VIFC DANANG) has been established according to Resolution No. 222/2025/QH15 dated July 26, 2025, of the National Assembly, performing the functions of managing, supervising, and implementing specific mechanisms and policies applicable within the defined boundaries of the IFC.
Resolution No. 222/2025/QH15 of the National Assembly dated June 27, 2025, on the International Finance Center in Viet Nam.
Decision No. 114/QD-BCDTTTC dated August 1, 2025, of the Steering Committee for the International Financial Center, promulgating the Action Plan for the implementation of the construction of the International Financial Center in Viet Nam.
08 Government Decrees detailing the establishment of the IFC, specific policies on finance, labor and employment, banking, immigration and residence, land and environment, the International Arbitration Center, and the Commodity Exchange.
VIFC DANANG is built on the foundation of transparency, innovation, integration, and sustainability, aiming to form a modern, flexible financial center with regional and international competitiveness, playing an effective role connecting Viet Nam and global capital flows and the financial ecosystem.
Objectives
- To become a leading international financial center, elevating Viet Nam's position in the global financial network linked to economic growth drivers.
- To strengthen the attraction and concentration of domestic and foreign capital, taking advantage of opportunities for international capital flow to supplement resources for Viet Nam's socio-economic development. To act as a gateway to connect global capital flow with Viet Nam, contributing to promoting the development of key economic sectors;
- To connect and support value chains in Viet Nam's strategic sectors. Through financial services at the International Financial Center, a bridge will be formed to attract investment and financing for projects in strategic sectors, enhancing the added value and competitiveness of Viet Nam’s economy in the global value chain.
- Promote sustainable finance, encourage the development of green financial products, and mobilize resources for energy transition and green transformation projects, contributing to sustainable socio-economic development.
- Facilitate the connections of domestic and international exchanges, promoting investment flows and the development of technology-based financial services.
- Attract and develop high-quality human resources and financial experts from both domestic and foreign sources; create a favorable working and living environment for international experts and entrepreneurs at the International Financial Center.
Development Orientation
VIFC Danang is oriented towards developing into a modern international financial center, closely integrated with the innovation, digital technology, and sustainable finance ecosystem.
◾ Creating a sandbox for new financial models, pioneering the deployment and expansion of digital asset products, digital payments, specialized trading platforms and exchanges.
◾ Promoting the development of supply chain financing services, third-party services, and non-deposit lending institutions.
◾Forming and developing specialized, flexible, and innovative financial products and services to meet the needs of new economic sectors, the digital economy, and the green economy.
Development Timeline
• Phase 2025 – 2026: Establishing and putting VIFC Da Nang into operation, completing key infrastructure, and building a modern financial-technology ecosystem.
• From 2026 onwards:
- Develop unique and top-level policies andmechanisms to attract capital, technology, modern management methods, high-quality human resources, financial institutions, and large international investors; to complete a comprehensive, transparent, and unified legal framework; and to establish appropriate inspection, supervision, and risk management mechanisms to ensure national financial and monetary security;
- Develop a detailed roadmap and development plan, and issue mechanisms for managing and supervising operations at the International Financial Center;
- Develop essential technical infrastructure and services in a coordinated manner.
• Evaluation and Improvement: After 5 years of operation, conduct a review, report to the Government, and propose adjustments to ensure efficient and stable long-term operation.
Why VIFC DANANG
With the strong commitment of the government, VIFC Da Nang aims to become a safe, transparent, and efficient investment destination for the global financial community.
Strategic Geographical Location
Located in the heart of Central Vietnam, as a gateway connecting Northeast Asia – Southeast Asia – Asia – Pacific, Da Nang holds a key position in the international trade, logistics, and capital flow network.
The vast development space, significant urban potential, and multimodal connectivity make Da Nang an ideal location for the formation of a modern, regional-scale international financial center.
Synchronized and Modern Infrastructure
Convenient international aviation and maritime infrastructure
Da Nang International Airport, a 5-star Skytrax-rated airport, is located right in the city center with nearly 270 flights per day, including more than 100 international flights.
Chu Lai Airport is planned to become a 4F airport connected to a large-scale international air logistics center and gateway for the Central and Central Highlands regions, possessing a large land area (2000ha), long-term expansion potential, and direct connection to the Chu Lai Open Economic Zone (over 27,000ha) and key industrial zones.
The existing international seaport system (Tien Sa Port and Ky Ha Port) has a capacity of 14 million DWT/year. Lien Chieu deep-water port (450ha, projected capacity of 50 million tons/year by 2050) is under construction as the largest international transshipment port in Central Viet Nam.
Modern digital and telecommunications infrastructure
Two international sub-marine fiber optic cables (SEMEWE3 and APG) along with a modern telecommunications and information technology system ensure stable, seamless, and secure connectivity for global financial activities, transactions, and data processing.
Diverse Technology and Financial Services Development Space
The High-Tech Park, software parks, industrial zones, open economic zones, and free trade zones combine to form a complete ecosystem for digital finance, fintech, and innovation.
High-Quality Human Resources
Da Nang is a major training center in Central Viet Nam with over 30 universities and colleges, more than 60 vocational training centers, and over 40,000 graduates each year, 50% of whom graduate in the fields of information technology, finance, data, and digital economics.
The workforce is young, diligent, eager to learn, and highly committed. An ecosystem has been formed comprising 2,000 companies in the IT sector, including fintech, blockchain, Web3, and AI.
Outstanding Investment Incentives
VIFC Da Nang benefits from special policies and mechanisms in accordance with the National Assembly's Resolution and the Government's orientation, including a sandbox mechanism for new financial models; policies to attract financial institutions, investment funds, fintech companies, and strategic investors.
Comprehensive incentives cover tax, finance, immigration and residency, labor, land, foreign exchange, international arbitration, and commodity markets. Administrative procedures are simplified, licensing times are shortened, and decentralization and empowerment of the IFC Executive Agency are enhanced.
Ideal Living Environment
Da Nang boasts a leading living environment in Viet Nam, with a harmonious blend of nature (rivers, seas, mountains, and forests), a modern urban environment, convenient transportation, and high-quality services. The city boasts many beautiful beaches, green spaces, fresh air, and a comprehensively developed infrastructure for healthcare, education, commerce, and entertainment, fully meeting the needs of professionals, managers, and the international community. A safe living environment, friendly people, rich cultural identity, diverse and unique cuisine, reasonable living costs, and a work-life balance have made Da Nang an ideal destination for long-term residence, work, and career development.
Dynamic Financial Ecosystem
VIFC DANANG develops a diverse financial ecosystem, including a sandbox mechanism for fintech, a new capital market for crowdfunding and green bonds, and a commodity exchange serving everything from agricultural products and energy to digital assets and carbon credits.
The city has consistently led the country in the Information and Communication Technology (ICT) Index for many years, is a model smart city, and has the capacity to host large-scale international events.
Authorities and Organizations
Executive Agency
The Executive Agency of VIFC Da Nang is a specialized administrative body under the People's Committee of Da Nang City, established to manage, coordinate, and ensure the efficient operation of all activities of the IFC.
The Executive Agency of VIFC Da Nang connects policy – market – technology – people, creating a transparent, favorable, and an internationally standardized investment environment for financial institutions, businesses, and global investors.
Supervisory Agency
The Supervisory Agency of the International Financial Centre is a specialized administrative body responsible for ensuring the continuous, independent, and effective supervision of the International Financial Centre.
Specialized Courts
Specialized courts are unique judicial institutions that quickly and effectively resolve investment, business, and financial disputes according to international standards.
The Court, comprising the Court of First Instance, the Court of Appeal, and supporting staff, has jurisdiction to resolve disputes between IFC members, and with domestic and foreign organizations and individuals, as well as to recognize and enforce foreign judgments and awards within the IFC.
International Arbitration Center
The International Arbitration Center resolves disputes arising from investment, business, and financial contracts within the Center, with a flexible mechanism and procedures that closely resemble international practices.
The parties agree to enhance the finality of arbitration awards, thereby improving legal security and ensuring enforceability, contributing to building the financial center into a transparent and reliable investment destination.
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The information supported by the VIFC Da Nang AI expert is for reference only and does not constitute official advice.
