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Story: HCM City Partners with Binance for Financial Hub Ambition

By Julie Binoche

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A Major Milestone in Vietnam’s Financial Transformation. HCM City is one of the two officially designated locations for the planned Vietnam International…

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Shared Objectives: Building a Competitive Financial Landscape. Under the MoU, Binance will support HCM City and the Vietnamese government on several core…

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A Joint Working Group to Oversee Blockchain Deployment. To ensure that the cooperation moves forward efficiently, both parties will form a joint working…

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Strengthening Local Innovation and Talent Development. Beyond attracting capital and global investment, the partnership prioritizes domestic innovation.

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The Bigger Picture: Positioning Vietnam in Global Finance. Vietnam’s ambitions to become a leading financial center have been discussed for more than a…

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Toward a 2030 Vision. HCM City officials have repeatedly emphasized their goal to make Vietnam a major financial hub by…

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Looking Ahead. While the MoU is not an immediate guarantee of transformation, it represents an important…

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Ho Chi Minh City has taken another step toward its long-standing ambition of becoming one of the world’s leading financial hubs.

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The agreement was made during the Autumn Economic Forum 2025, an event attended by Vietnam’s Prime Minister Pham Minh Chinh, senior city officials, representatives from various…

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HCM City is one of the two officially designated locations for the planned Vietnam International Financial Centre (VIFC), a project intended to position the country as a major…

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This development arrives just one month after the city signed a separate MoU with Nasdaq in October 2025 — another major milestone that has helped strengthen connections between…

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Facilitating introductions between Vietnam and foreign investors, international financial institutions, and global investment funds

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Assisting in the development of digital asset regulations that balance innovation with user safety

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Supporting the implementation of blockchain in financial services and payment systems

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Advising on digital finance projects that uphold compliance and risk management principles

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