Officially inaugurated in Da Nang Software Park 2 on January 9, the Da Nang IFC covering around 300 hectares is set to host investment funds, technology firms, and pilot programmes for innovative financial models. At the launch ceremony, 12 companies received official membership certificates, while five additional organisations were granted letters of interest to join early-stage operations.

Nguyen Thi Phuong Thao, Chairwoman of Sovico Group, one of Vietnam’s leading private multi-sector investment conglomerates, highlighted the centre’s potential to attract global capital through digitized procedures, competitive incentives, a safe foreign exchange environment, and strong arbitration mechanisms.

Sovico Group plans to invest in strategic initiatives, including digital finance, green finance, inclusive financial services, and talent development, aligning with Da Nang’s goal to become a regional financial hub, said Thao.

Makara Capital Partners, a Singapore-based finance group with more than 20 years of experience in fund management and corporate restructuring, advised local authorities on policy and legal frameworks for the centre. CEO Ali Ijaz Ahmad said the centre, paired with Da Nang’s free trade zone and business-friendly environment, would drive economic growth and attract top international talent.

Ahmad revealed that Makara Capital Partners is in discussions with a top global university to establish an international research and development centre in Da Nang, covering multiple research disciplines.

The project aims to create a world-class research hub, attract leading scientists and experts from the region, and provide a knowledge base to support policy-making and technological development, he said.  

Deputy Prime Minister Nguyen Hoa Binh, who attended the launch ceremony emphasised that the centre represents a national strategic initiative. He called for a collaborative approach, with investors acting as strategic partners to provide insights, expertise, and guidance in shaping financial infrastructure and innovative products.

Investors’ active participation is critical to establishing a high-standard, internationally competitive financial hub, he said.

The launch of the Da Nang International Financial Centre marks a key milestone in Vietnam’s efforts to create a transparent, modern, and internationally connected financial ecosystem, with investors at the forefront of driving its growth and success.

Da Nang International Financial Centre launched to boost global integration

VOV.VN - Vietnam inaugurated its International Financial Centre in Da Nang on January 9, a strategic move aimed at strengthening the country’s role in the global financial system.