The Ho Chi Minh City Department of Finance and Binance on November 26 signed a memorandum of understanding (MOU) on cooperation to accelerate the development of Vietnam’s International Financial Centre in Ho Chi Minh City (VIFC – HCMC).

The Vietnam International Financial Centre in Ho Chi Minh City on November 25 introduced the Global On-Chain Economy Alliance to pilot next-generation digital finance models, promote innovation, and attract international capital, with an aim of making the city a leading financial and digital asset hub in the region.

VOV.VN - Deputy Prime Minister Ho Duc Phoc led a high-level Vietnamese delegation to visit Russia from October 23-29 to study crypto asset market management, decentralized governance models, and blockchain applications.

U2U Network, a Layer-1 blockchain platform developed by Vietnamese engineers, has secured a listing on Kraken, one of the world's most selective cryptocurrency exchanges, with trading set to commence on October 17.

As strategic technologies such as artificial intelligence (AI), the Internet of Things (IoT), blockchain, semiconductors, and next-generation networks like 5G and 6G are rapidly expanding, Vietnam has identified strong digital infrastructure as a prerequisite for mastering and effectively deploying these innovations.

As a dynamic economy, Vietnam has opportunities to capitalise on blockchain, stablecoin, and sandbox to promote cross-border payments, contributing to its competitiveness and financial integration into the world, according to experts.

VOV.VN - Vietnam Blockchain Day 2025 opened in Da Nang City on August 29, aiming to promote its application across the country’s core economic sectors.

The final round of VietChain Talents 2025, Vietnam’s largest-ever blockchain talent contest, was held in Hanoi on August 23, spotlighting the creativity of young developers and affirming the country’s ambition to become a global blockchain hub.

Ho Chi Minh City is stepping up efforts to fulfill key conditions for the establishment of an international financial centre (IFC), seen as a strategic move to deepen Vietnam’s integration with global financial markets and provide new impetus for socio-economic breakthroughs.

Vietnam’s Unicorn Ultra (U2U) ecosystem, an All-in-One platform for potential builders, opened its representative office in Cambodia to introduce, build and develop products applying blockchain, artificial intelligence (AI), and Big Data.