Ho Chi Minh City – Binance Partner to Launch Global Finance Hub

The post Ho Chi Minh City – Binance Partner to Launch Global Finance Hub appeared on BitcoinEthereumNews.com. Ho Chi Minh City partners with Binance to advance Vietnam’s International Financial Centre. The partnership will focus on blockchain, digital assets, and regulatory frameworks. A Joint Working Group and training programs will support investor attraction and the centre’s official launch in December 2025. Ho Chi Minh City has taken a big step toward creating Vietnam’s International Financial Centre (VIFC–HCMC) by signing a cooperation agreement with Binance. The agreement was signed on November 25 at the Autumn Economic Forum 2025, with Prime Minister Pham Minh Chinh and international investors in attendance. Strategic Partnership for Vietnam’s Financial Goals The agreement focuses on four main areas that support the city’s goal of becoming a regional hub for finance, technology, and innovation. Ho Chi Minh City is one of two sites planned for Vietnam’s international financial centre, with the Department of Finance guiding its development. Binance said it will continue supporting the growth of blockchain and digital assets and take part in policy development in the countries where it operates. Key Areas of Cooperation Under the agreement, the two sides will work together to: Facilitate and introduce investors, financial institutions, and investment funds to operate at the VIFC–HCMC. Share expertise on building legal frameworks for digital assets, blockchain technologies, and digital-asset payment infrastructure. Support the creation of a controlled testing environment (sandbox) for digital asset projects once the regulatory foundation is in place. Develop and support an innovation ecosystem for SMEs and startups applying blockchain, digital technology, and fintech. The partnership also covers regulatory compliance in line with Vietnamese law, international law, and global standards. Related: Binance Japan and PayPay Launch PayPay Money Linkage Service for Crypto Trading Training and Technology Collaboration The MoU includes training programs for regulatory agencies through workshops, seminars, and expert exchanges. Both sides will also explore consulting support for…
https://bitcoinethereumnews.com/tech/ho-chi-minh-city-binance-partner-to-launch-global-finance-hub/

Leave a Reply

Your email address will not be published. Required fields are marked *