Binance companions with Ho Chi Minh Metropolis to strengthen blockchain and fintech hub

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  • Ho Chi Minh Metropolis companions with Binance to develop Vietnam’s worldwide monetary heart.
  • The partnership will give attention to blockchain, digital belongings and regulatory frameworks.
  • A joint working group and coaching program will help investor attraction and the official launch of the middle in December 2025.

Ho Chi Minh Metropolis has taken a significant step in the direction of the creation of the Vietnam Worldwide Monetary Middle (VIFC-HCMC) by signing a cooperation settlement with Binance.

The settlement was signed on November 25 on the 2025 Autumn Financial Discussion board, attended by Prime Minister Pham Minh Trinh and overseas buyers.

Strategic partnership for Vietnam’s monetary objectives

The settlement focuses on 4 key areas that help town’s objective of turning into a regional hub for finance, expertise and innovation. Ho Chi Minh Metropolis is one in all two websites deliberate as Vietnam’s worldwide monetary heart, with the Ministry of Finance guiding its improvement.

Binance stated it’s going to proceed to help the expansion of blockchain and digital belongings and take part in coverage improvement within the nations through which it operates.

Important areas of cooperation

Beneath this settlement, each events will work collectively to:

  • Promote and introduce buyers, monetary establishments and funding funds to function in VIFC-HCMC.
  • We’ll share our experience in constructing authorized frameworks for digital belongings, blockchain expertise, and digital asset cost infrastructure.
  • As soon as the regulatory infrastructure is in place, we help the creation of a managed testing surroundings (sandbox) to your digital asset undertaking.
  • We develop and help innovation ecosystems for small and medium-sized enterprises and startups making use of blockchain, digital expertise, and fintech.

The partnership additionally covers regulatory compliance consistent with Vietnamese regulation, worldwide regulation and world requirements.

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Collaboration of coaching and expertise

The MoU features a coaching program for regulators by workshops, seminars and skilled exchanges. The 2 sides can even discover consulting help for digital asset funds, AI options, and blockchain innovation.

Ho Chi Minh Metropolis and Binance could collectively host a worldwide occasion to draw overseas buyers and monetary establishments.

Moreover, a joint working group can be established to develop an motion plan, monitor progress and handle challenges. This group meets at the least twice a 12 months. As soon as the Worldwide Monetary Middle is formally inaugurated, the memorandum of understanding can be managed by the establishment.

Elevating Vietnam’s world monetary position

This settlement is a crucial step in Vietnam’s objective to strengthen its presence in world capital markets. That is anticipated to enhance regulatory capability, appeal to high quality investments, and help the expansion of Ho Chi Minh Metropolis’s monetary and expertise sectors.

This follows an analogous memorandum signed between Vietnam’s Ministry of Finance and Nasdaq in October 2025.

Getting ready for launch in December

Ho Chi Minh Metropolis is accelerating preparations to open a world monetary heart in December 2025 in accordance with Nationwide Meeting Decision 222/2025/QH15. The Metropolis is dedicated to making a clear, aggressive and investor-friendly surroundings.

Associated: Vietnam to license solely 5 digital forex exchanges in experimental program by 2026

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