HANOI, Jan. 10 (Xinhua) -- The Vietnam International Financial Center (IFC) was launched Friday in the central city of Da Nang, 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 specialized trading platforms and exchanges.
Covering about 300 hectares, the center in Da Nang features multiple functional zones, the report said.
In June 2025, the Vietnamese National Assembly approved a resolution on the establishment of the International Financial Center in Ho Chi Minh City and Da Nang City, according to the Vietnam News Agency. ■