Standing Deputy Prime Minister Nguyen Hoa Binh receives major UAE enterprises

At the meeting with Bybit – which has more than 2.5 million users in Viet Nam (accounting for around 15% of the market) and is also the largest cryptocurrency exchange in the UAE – the CEO of Bybit welcomed Viet Nam’s policy direction on piloting digital assets and developing an international financial centre.

Bybit affirmed its readiness to support Viet Nam in building a legal and regulatory framework, sharing international experience, and participating in human resource training.
 

The Deputy Prime Minister congratulated Bybit on its success and stressed that developing a pilot legal framework for digital assets is a key task, while calling on the company to continue accompanying Viet Nam throughout this process.
 

At the meeting with the CEO of Binance, the Standing Deputy Prime Minister expressed the wish that Binance establish its headquarters in Da Nang and work closely with Viet Nam’s international financial centre in developing a cryptocurrency exchange – Photo: VGP/Nguyen Hoang
 

During his working session with the CEO of Binance – the world’s leading digital asset trading platform – the Standing Deputy Prime Minister expressed the wish that Binance would establish its headquarters in Da Nang and cooperate closely with Viet Nam’s international financial centre in developing a cryptocurrency exchange.

On this occasion, the Deputy Prime Minister invited Mr. Richard Teng, CEO of Binance and former CEO of Abu Dhabi Global Market, to serve as a senior advisor for the development of Viet Nam’s International Financial Centre.

For its part, Binance, through Mr. Richard Teng, agreed to share experience and cooperate closely to develop the digital asset market in Viet Nam, and also committed to sharing know-how on building an international financial centre based on the Abu Dhabi experience.
 

Within the framework of the meeting, the Deputy Prime Minister also witnessed the signing of an MOU on cooperation in developing blockchain technology and digital assets between Binance and the Da Nang Municipal People’s Committee.
 

At the meeting with Emaar Properties – a leading real estate group with operations in 15 countries and many iconic projects such as the world’s tallest tower Burj Khalifa and the global-scale Dubai Mall – the CEO of Emaar expressed a strong interest in exploring investment opportunities in Viet Nam.

The Standing Deputy Prime Minister highly valued Emaar’s international achievements, emphasized the positive development of Viet Nam–UAE economic relations, and affirmed that choosing Viet Nam is a sound and strategic decision.
 

The Government of Viet Nam encourages Emaar to invest either directly or indirectly through the International Financial Centre.

The CEO of Emaar stated that the group will soon arrange a delegation to visit Viet Nam to study potential opportunities for cooperation and investment.