According to Decision No. 114/QD-BCDTTTC dated August 1, 2025, of the Steering Committee for the International Financial Center in Vietnam, the goal is to have the International Financial Center operational in Ho Chi Minh City and Da Nang by the end of 2025. This move aims to create a breakthrough growth momentum and attract medium and long-term financial resources for Vietnam in the new phase.
Blockchain and digital assets are considered the focal points of Da Nang’s International Financial Center development and offer the city a chance to achieve breakthrough economic and investment growth.
 Vice Chairman of Da Nang People’s Committee, Ho Ky Minh, speaks at the working session. Photo: VGP/MN
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Mr. Phan Duc Trung, Chairman of VBA, shared the initial results of the Vietnam Blockchain Multi-Chain Service Network (VBSN), developed in collaboration with Techcombank – One Mount Group – Masterise Group – Techcom Securities ecosystem.
Mr. Ho Ky Minh appreciated the initiative and efforts of VBA and 1Matrix – the company cooperating to develop the Vietnam Blockchain Multi-Chain Service Network (VBSN) based on an open ecosystem model, allowing domestic and foreign partners to easily connect and integrate. According to Mr. Minh, this solution aligns with global technology trends and will create new momentum for economic growth.
 Mr. Phan Duc Trung, Chairman of VBA, shared the initial results of the Vietnam Blockchain Multi-Chain Service Network (VBSN). Photo: VGP/MN |
Expressing strong support for the proposals on deploying VBSN in Da Nang, especially practical applications such as decentralized payments and identification, Mr. Ho Ky Minh requested VBA and 1Matrix to provide consulting and accompany the development of digital infrastructure for the International Financial Center in Da Nang. This will contribute to ensuring a modern, safe, expandable, and internationally connected operating foundation.
Chairman of VBA, Phan Duc Trung, shared specific plans to materialize the cooperation contents. Accordingly, upcoming activities will focus on connecting the public-private service ecosystem, optimizing blockchain technology to enhance state management efficiency, improve business efficiency, and especially enhance people’s experience through advanced digital financial services.
Minh Ngoc
– 12:12 08/03/2025
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