The signing ceremony took place during the plenary session of the Vietnam Annual Financial Forum 2025, attended by Nguyen Thanh Nghi, Head of the Central Committee's Policy and Strategy; Luong Nguyen Minh Triet, Chairman of the Da Nang People's Committee; representatives of central agencies, Da Nang city leaders, financial and technology organizations, investment funds, and domestic and international businesses. Vietcombank's General Director Le Quang Vinh and Deputy General Director Le Hoang Tung were also present.

Vietcombank General Director Le Quang Vinh (left) and Da Nang People's Committee Chairman Luong Nguyen Minh Triet exchange the MOU. Photo: Vietcombank

Vietcombank General Director Le Quang Vinh (left) and Da Nang People's Committee Chairman Luong Nguyen Minh Triet exchange the MOU. Photo: Vietcombank

According to the MOU, Vietcombank and the Da Nang People's Committee will collaborate on investment promotion activities for the Da Nang International Financial Center (Da Nang IFC), supporting research and promotion of the local investment and business environment. They will also cooperate in researching, developing, and providing financial and banking products and services aligned with the development direction of the Da Nang IFC and Vietcombank's development strategy.

In addition to the MOU signing, Vietcombank partnered with the Da Nang People's Committee to organize a thematic session on "Fintech, green finance, and sustainable development." The session brought together senior leaders from Vietcombank, the Swiss Fintech Association, Franklin Templeton Institute of Innovation and Technology (FIRST), Bain & Company, VNPay, Franklin Templeton (FIRST), and the Vietnam Blockchain Association (VBA) to share insights and promote policy dialogue and multi-sectoral cooperation.

Vietcombank Deputy General Director Le Hoang Tung. Photo: Vietcombank

Vietcombank Deputy General Director Le Hoang Tung. Photo: Vietcombank

Speaking at the event, Vietcombank Deputy General Director Le Hoang Tung stated the bank's readiness to work alongside the Da Nang People's Committee to build an international financial center that not only attracts capital and institutions but also serves as a hub for institutional experimentation and financial technology innovation. "Vietcombank is committed to being a constructive partner, promoting the center as a place closely linked to innovation and global integration," Tung affirmed.

With its comprehensive digital transformation strategy, Vietcombank has developed a synchronized digital banking ecosystem serving a diverse customer base: VCB Digibank serves the largest customer base in the Vietnamese banking system with over 260 digital products and services; VCB DigiBiz offers over 100 financial solutions for SME customers; and VCB CashUp supports cash flow management for corporate clients.

Delegates visit Vietcombank's booth at the exhibition. Photo: Vietcombank

Delegates visit Vietcombank's booth at the exhibition. Photo: Vietcombank

Vietcombank also connects with over 1,700 partners and 100,000 digital payment acceptance points. The bank leads in public service payments and collaborates in implementing Sandbox, open data, and AI technology integration throughout its system.

These efforts have earned the bank prestigious awards: Best Digital Transformation Bank 2021; Best Digital Banking Services Vietnam 2022; Best Digital Bank 2024; and Best Mobile Banking Service for VCB Digibank 2025 by The Asian Banker.

With total assets of over 85 billion USD, a market capitalization exceeding 20 billion USD, leading profits in the banking sector, and international-standard risk management capabilities, Vietcombank's leadership affirms its readiness to be a reliable partner in the development of the Da Nang IFC.

Thanh Thu