Tag: "international financial center"
6G mobile network trials to begin in Da Nang, Ho Chi Minh City

6G mobile network trials to begin in Da Nang, Ho Chi Minh City

Vietnam News 15:58 10/10/2025

As part of a plan to develop telecommunications and digital infrastructure to support international financial centers in Vietnam, the Ministry of Science and Technology has called for full 5G coverage and the eventual rollout of 6G mobile networks in Da Nang and Ho Chi Minh City.

Ho Chi Minh City seeks comprehensive partnership with Nasdaq to build int'l financial center

Ho Chi Minh City seeks comprehensive partnership with Nasdaq to build int'l financial center

Ho Chi Minh City 15:39 10/10/2025

Chairman of the Ho Chi Minh City People’s Committee Nguyen Van Duoc has expressed the city’s intention to form a comprehensive partnership with Nasdaq, one of the largest electronic stock exchanges in the U.S., to support the development of Vietnam’s international financial center in the city.

Vietnam reaches 70% completion of legal framework for international financial centers: expert

Vietnam reaches 70% completion of legal framework for international financial centers: expert

Economy 14:51 21/09/2025

Vietnam has completed about 70 percent of the legal and policy framework required to establish international financial centers (IFCs) in Ho Chi Minh City and Da Nang, a key factor for their long-term success, an advisory expert said at an international seminar in Ho Chi Minh City on Saturday.

Ho Chi Minh City proposes JBIC set up office to boost investment ties

Ho Chi Minh City proposes JBIC set up office to boost investment ties

Ho Chi Minh City 15:34 19/09/2025

The administration of Ho Chi Minh City has proposed that the Japan Bank for International Cooperation (JBIC) establish an office in the city to strengthen cooperation and investment, particularly as the city is in the process of developing an international financial center.

Vietnam won’t build ‘tax havens’ at IFCs to attract foreign finance: official

Vietnam won’t build ‘tax havens’ at IFCs to attract foreign finance: official

Economy 17:38 29/06/2025

Vietnam will not develop international financial centers (IFCs) as ‘tax havens’ to attract foreign financial institutions, Vietnamese Deputy Minister of Finance Nguyen Thi Bich Ngoc affirmed on Saturday.

Free trade zone poised to significantly boost Da Nang’s economy

Free trade zone poised to significantly boost Da Nang’s economy

Economy 12:40 25/06/2025

The Free Trade Zone (FTZ) in Da Nang City, central Vietnam, once operational, will contribute between 12 and 26 percent to the city’s gross regional domestic product (GRDP) by 2050.

US businesses explore new investment opportunities in central Vietnam

US businesses explore new investment opportunities in central Vietnam

Economy 12:04 24/06/2025

Hundreds of Vietnamese and American experts, policymakers, and business leaders gathered on Monday in Da Nang City, central Vietnam for the forum titled ‘Harnessing the Power of U.S. Investment in Central Vietnam.’

Trump Organization shows interest in int’l financial center in Da Nang

Trump Organization shows interest in int’l financial center in Da Nang

Economy 11:56 23/06/2025

The Trump Organization has expressed interest in investing in an international financial center in Da Nang, which aims to begin operations by 2030 as part of the central Vietnamese city’s plan to become a regional financial hub, according to a report by the municipal People’s Committee.

Vietnam consults int’l experts on building financial centers

Vietnam consults int’l experts on building financial centers

Economy 18:58 21/05/2025

Draft plans for the development of international financial centers in Ho Chi Minh City and Da Nang City in central Vietnam have been sent to London (United Kingdom), Luxembourg, and Frankfurt (Germany) for consultation, Permanent Deputy Prime Minister Nguyen Hoa Binh said on Tuesday.