The State Bank of Vietnam published a readout of its participation in a Vietnamese government delegation visit to the United Arab Emirates, where Deputy Governor Nguyen Ngoc Canh discussed cooperation with major UAE technology, digital-asset and real-estate groups linked to Vietnam’s plans for international financial centres. The central bank indicated that Vietnam has formed a legal foundation for digital assets, including crypto-assets, and intends to pilot a crypto-asset exchange at the international financial centre. Engagements included G42’s proposal to invest around 70 MW of data-centre capacity in Ho Chi Minh City in an initial phase via partnerships with Vietnamese firms including FPT and Viet Thai. Bybit welcomed Vietnam’s direction on piloting digital assets and offered support on building a legal framework and training, citing more than 2.5 million users in Vietnam (around 15% of its market). In talks with Binance, the delegation sought the opening of a headquarters in Da Nang and cooperation with the international financial centre on deploying a crypto-asset trading platform; Deputy Prime Minister Nguyen Hoa Binh also invited Binance Chief Executive Officer Richard Teng to act as a senior adviser, and witnessed the signing of a memorandum of understanding between Binance and the Da Nang city government on blockchain technology and digital assets. Emaar Properties indicated it would send a delegation to Vietnam to explore investment opportunities, including participation through the international financial centre, while Vietnam’s authorities framed further work with international partners around implementation support and compliance with Vietnamese law and international standards.

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