A vendor counts Vietnamese dong banknotes at Con Market in Danang, Vietnam, on Tuesday, May 2, 2023. Covering about 300 hectares, the Vietnam International Financial Centre in Danang features multiple functional zones. - Bloomberg
HANOI: The Vietnam International Financial Centre (IFC) was launched Friday (Jan 9) in the central city of Danang, serving as an international financial hub linking the innovation ecosystem, digital technology and sustainable finance, local media VnEconomy reported Saturday.
The IFC is expected to be a controlled testing ground for new financial models and to pioneer the deployment and expansion of digital asset products, digital payments, and specialised trading platforms and exchanges.
Covering about 300 hectares, the centre in Danang features multiple functional zones, the report said.
In June 2025, the Vietnamese National Assembly approved a resolution on the establishment of the International Financial Centre in Ho Chi Minh City and Danang City, according to the Vietnam News Agency. - Xinhua
