Vingroup will study the policy of developing the financial center in Da Nang

Vingroup and Da Nang researched mechanisms and policies to develop the financial center and free trade area in this city.

This is one of the contents of Vingroup and Da Nang People’s Committee agreed to cooperate and promote green conversion and sustainable development on the afternoon of February 25.

Da Nang is oriented to develop into a financial center of Southeast Asia. Along with Ho Chi Minh City, the financial center in Da Nang is expected to be established and operated this year. The construction of these centers to develop Vietnam into an important financial destination in the region and the world.

Under the agreement, the Group of billionaire Pham Nhat Vuong will work with Da Nang to study mechanisms and policies for developing free trade areas and financial centers. Recently, policies and incentives on financial, taxes, land … superior to attracting high -level investment and human resources into the financial center are also consulted by the Ministry of Planning and Investment. ministries and branches.

 

Da Nang leaders and Vingroup at the signing ceremony of collaboration in the afternoon of February 25. Image: VIC

With the financial center in Da Nang, at the end of last year, the City People’s Committee said it would include 3 components: Offshore, Fintech and auxiliary activities. In particular, the Offshore Financial Center to attract international investors to establish financial institutions, market organizations that provide integrated services in the monetary and capital markets in the country and region.

At this cooperation sign, Vingroup also studied cooperation in the fields of smart green urban area development, social housing projects in Van village and other areas in the coastal city of Central. This group can participate in scientific and technological projects, digital conversion in Da Nang to support a number of industries such as semiconductor, AI, high quality human resources training.

In the field of transportation, the two sides agreed to promote the use of electric vehicles. The corporation of billionaire Pham Nhat Vuong will study the construction of the electric bus connecting Da Nang with Hue City. And Da Nang will support planning, introduce the installation of charging stations for Vingroup. The two sides also develop carbon credit projects from electric vehicles, electric car charging stations …


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