SIGLAW OFFICIALLY JOINS THE VIETNAM INTERNATIONAL FINANCIAL CENTER IN DA NANG

On December 21 of 2025, SIGLAW officially became a member of the Vietnam International Financial Center in Da Nang (VIFC-DN). This milestone marks a significant step in SIGLAW’s integration into the international financial ecosystem and reflects the recognition by both the State and the market of SIGLAW’s expertise and its role as a trusted partner within the financial and investment ecosystem.

Vietnam International Financial Center – A Platform for Financial Integration

SIGLAW OFFICIALLY JOINS THE VIETNAM INTERNATIONAL FINANCIAL CENTER IN DA NANG
SIGLAW OFFICIALLY JOINS THE VIETNAM INTERNATIONAL FINANCIAL CENTER IN DA NANG

According to Resolution 222/2025/QH15, the Vietnam International Financial Center is a unified legal entity operating under the “one center, two destinations” model, located in Ho Chi Minh City and Da Nang. The center benefits from specialized mechanisms and policies aimed at attracting international capital, fostering innovation, and enhancing the competitiveness of the national economy.

On December 21 of 2025, the People’s Committee of Da Nang announced the first ten organizations to officially join the Vietnam International Financial Center in Da Nang, including SIGLAW. Vietcombank was selected as the representative of domestic commercial banks participating in the financial center ecosystem.

In addition to the initial ten members, Da Nang has received positive responses from nearly 70 expressions of interest in joining the center. The city has also signed over 20 memoranda of understanding for cooperation in areas such as training, consulting, communications, networking, investment promotion, and product development. Among the major organizations signing cooperation agreements with Da Nang are Binance, Tether, Bybit, Abu Dhabi Global Market, DTCpay, APEX Group, Swiss Fintech Association, and Frankfurt Main Finance…

The International Financial Center in Da Nang is strategically positioned to develop into a modern international financial hub linked to an innovation and digital technology ecosystem. The center will serve as a controlled experimental platform for new financial models, pioneering the deployment and expansion of digital asset products, digital payments, trading platforms, and specialized exchanges. It will also promote supply chain financing, third-party services, non-deposit-taking lenders, and other complementary solutions to traditional markets, fostering the creation of specialized, flexible, and innovative financial products.

SIGLAW in the International Financial Center Ecosystem

SIGLAW’s membership in the Vietnam International Financial Center in Da Nang represents a significant milestone in its development as a leading advisory and networking organization in the financial and investment sectors. This participation not only acknowledges SIGLAW’s professional expertise but also demonstrates the confidence of the State and the market in SIGLAW’s role in delivering financial and investment advisory services to international standards.

SIGLAW’s inclusion in the center reflects the dynamic progress of Vietnam’s advisory and professional services ecosystem in the process of integrating into the global financial system. Representatives from the American Chamber of Commerce (AmCham) note that the establishment of international financial centers in Ho Chi Minh City and Da Nang represents a breakthrough reform with the potential to position Vietnam as a regional hub for capital and green finance. Key factors for achieving this goal include maintaining independent management, ensuring transparent capital flows, and building reliable dispute resolution mechanisms.

With such strong initial membership, an international network of partners, and a clear development strategy, the Vietnam International Financial Center in Da Nang is steadily establishing itself as a new growth engine. It also serves as a testing ground for modern financial policies and models, laying a solid foundation for Vietnam’s deeper integration into the regional and global financial network.

Dung Le (Elena)

Attorney-at-Law

Founding Partner

Lawyer Le Dung has more than 14 years of experience providing legal advice to investors from more than 10 countries such as the US, Singapore, Canada, Denmark, Japan, Korea, China…

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