Visiting the ‘Golden Land’ Sites Designated for an International Financial Centre in Da Nang

 

The Prime Minister, Pham Minh Chinh, has just signed and issued Official Telegram No. 211, requesting ministries, central agencies, Ho Chi Minh City and Da Nang City to urgently finalise mechanisms, policies and infrastructure preparations for the establishment of Viet Nam’s International Financial Centre. The head of Government has assigned the People’s Committee of Ho Chi Minh City and the People’s Committee of Da Nang City to proactively prepare physical facilities, technical infrastructure and other necessary conditions, striving to put the International Financial Centre into operation as early as November this year.
 

Recently, the People’s Committee of Da Nang City has planned and reserved land plots to form several areas serving the development of the International Financial Centre, ensuring a central location with convenient access to Da Nang International Airport and synchronised telecommunications infrastructure and supporting services.
 

In 2025, the city will use part of an 8–storey building in Software Park No. 2 as a temporary headquarters for the Preparatory Board of the International Financial Centre and relevant agencies and organisations.
 

Also in this area, by the end of 2025, Da Nang is expected to complete a 22–storey building with a total floor area of more than 27,000 m². This project is considered the initial technical infrastructure for the International Financial Centre and will also provide a space for piloting advanced financial models such as digital assets, digital currencies, investment funds and remittance funds.
 

In parallel, the city is also planning a 9.7–hectare land plot in the northwest of Thuan Phuoc Bridge (Hai Chau Ward) for the development of a Fintech Centre – a key component in the digital financial ecosystem.
 

In addition, a 1.9–hectare land plot in the southeast of Software Park No. 2 will be dedicated to fintech training and testing, contributing to the development of a high–quality workforce for the sector.
 

From 2025 to 2027, Da Nang will intensify efforts to attract investment for building the core area of the financial centre and complete the financial ecosystem along the cleared coastal land belts.
 

Under the master plan, along Vo Nguyen Giap – the coastal tourist boulevard – the city is expected to develop an iconic tower at lot A* (intersection of Vo Nguyen Giap and Vo Van Kiet streets).
 

With its sea–facing position, this tower will become an architectural symbol of Viet Nam’s International Financial Centre in Da Nang, integrating hospitality, conference, entertainment and premium amenities for investors and international visitors.
 

In addition, at lots A12, A13, A14 and A15 on Vo Van Kiet Street, Da Nang will develop a modern mixed–use complex comprising international–standard offices, commercial space and high–end apartments to meet the working and accommodation needs of experts and businesspeople in the financial sector.
 

In the 2027–2030 period, the city will expand the development scale of the International Financial Centre by planning the An Don Financial District (An Hai Ward) on an area of about 62 hectares.
 

Currently, this area is home to the An Don Industrial Park, but in the future it will be transformed into a high–end financial–commercial complex, integrating support services, international office space, 5–star hotels, luxury apartments and modern living spaces for global professionals and entrepreneurs.
 

Especially in the long–term vision, Da Nang is studying a 1,500–hectare land–reclamation project in Da Nang Bay, creating a system of artificial islands and extending the city’s coastline by approximately 48 km.

This project is expected to create a modern coastal city that combines a free–trade zone, an international financial centre and an integrated high–end resort–shopping–entertainment complex, thereby affirming Da Nang’s position on the regional financial map.