DA NANG VILLA REALTY

According to the latest information, Da Nang city proposed to allow the establishment of specialized trading floors for digital assets and digital currencies for innovative enterprises within the framework of the Vietnam International Financial Center. At the working session on the afternoon of June 21 with Deputy Prime Minister Nguyen Hoa Binh, Chairman of the Da Nang People's Committee - Mr. Le Trung Chinh - said that the Center will focus on areas such as green finance, trade finance to support small and medium enterprises, innovative enterprises, non-resident organizations and individuals (offshore), cross-border trade associated with free trade zones, high-tech zones, open economic zones and industrial parks.

In addition, the center will also pilot controlled new models such as digital assets, digital currencies and digital payments; attract investment funds, remittance funds, small and medium-sized fund management companies. At the same time, promote the startup ecosystem in the fields of finance serving consumption, tourism, trade, logistics, and developing related legal services.

The Vietnam International Finance Center in Da Nang will focus on applying strategic technologies such as artificial intelligence (AI), cloud computing, quantum computing, big data, blockchain, etc. to create competitive advantages and promote innovation. The city aims to attract large investors, startups, and technology experts with global thinking to live, work, and create breakthrough values.

Regarding infrastructure, Da Nang has planned areas with clear boundaries in the central urban area (5-10 km from the international airport), meeting the requirements of geographical location, telecommunications, and support services for the development of the center. In 2025, a part of the area (300-400 m²) on the 5th floor of the 8-storey office building in Software Park No. 2 will be used as a temporary headquarters for the Preparatory Board and related agencies.

By the end of 2025, the city will complete a 22-storey building with a total floor area of ​​27,000 m², meeting the initial operational needs of the center, while also serving as a pilot model for digital assets, digital currencies, payments and controlled digital money transfers. In the 2025-2027 period, the city will attract infrastructure investment to develop an international financial center that meets international standards on a clean coastal land fund of nearly 18 hectares.

To ensure resources, Da Nang has planned to train and supplement personnel to serve the construction, management and operation of the center. Da Nang University has been assigned to develop a high-quality human resource training program. The preparatory committee will consist of 27 members and an advisory board of 10 experts, including international experts with extensive experience in the fields of finance and currency.

In the immediate future, Da Nang City has sent 10 civil servants and public employees with high professional qualifications and good foreign language skills (including 2 associate professors and 2 doctors specializing in finance - banking and international trade law) to participate in a short-term training course at the Vietnam-Germany University. In the third quarter of 2025, these officials will be sent to intern at major financial centers around the world to gain experience.

Chairman of the City People's Committee Le Trung Chinh said that Da Nang has received attention and specific commitments from more than 10 investors, including 3 large joint ventures (Makara Capital, Terne Holding, Trump Organization) wishing to become strategic investors in developing the International Finance Center.

The city proposed that the Deputy Prime Minister allow the establishment of specialized trading floors in the center, such as digital asset trading floors, digital currency trading floors, and stock exchanges to serve innovative and science and technology enterprises.

Deputy Prime Minister Nguyen Hoa Binh said that the Government has submitted to the National Assembly a resolution on the establishment of the International Finance Center and is being discussed for completion. This is expected to be a strong boost for economic growth, promoting the prosperous development of the country. He emphasized that the spirit of the resolution is openness, empowering localities to proactively deploy and operate the center, with significance not only for Da Nang but also at the national level.

The Deputy Prime Minister requested that Da Nang continue to carefully prepare technical infrastructure, information technology, call for investment and train human resources.

After the resolution is passed, the Government will issue a specific plan for implementation, in which Da Nang and Ho Chi Minh City will proactively carry out the assigned tasks.

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