Vietnam partners with Binance as HCM City pushes global finance hub plan
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Binance will introduce foreign investors and financial institutions to Vietnam. The agreement includes support for digital asset rules and blockchain payment systems. A joint working group will monitor progress twice a year. Vietnam has taken a significant step in its long-term plan to build an international financial hub, with HCM City now partnering with Binance following an MoU signed on 26 November 2025. The agreement was finalised during the Autumn Economic Forum 2025, attended by Prime Minister Pham Minh Chinh, municipal leaders, ministry representatives, and international investment funds. The collaboration brings Vietnam closer to its goal of creating a modern financial ecosystem that can attract global investors and digital finance companies. It also builds on Vietnam’s strategy to become more competitive across Asia as technology and digital assets reshape global capital flows. Partnership expands Vietnam’s global financial links HCM City is one of two key locations selected for the Vietnam International Financial Centre initiative. The new agreement with Binance adds momentum to this plan by bringing one of the world’s largest crypto exchanges into Vietnam’s financial development efforts. The partnership follows the city’s MoU with Nasdaq in October 2025, showing Vietnam’s intention to work closely with major global platforms. Binance will introduce foreign investors, financial companies, and investment funds to Vietnam to help attract new capital to the financial centre. This approach aims to increase international participation and strengthen Vietnam’s ability to connect with global markets. Support for digital asset rules and blockchain activity A major part of the cooperation involves shaping Vietnam’s regulatory environment for digital assets and blockchain applications. Binance will share experience from its global operations to help Vietnam design rules for digital asset use, crypto trading, and blockchain activity. The agreement covers the development of payment systems using cryptocurrencies and support for digital finance projects that…
Filed under: News - @ November 26, 2025 12:28 pm