Vietnam will establish international financial centers located in Ho Chi Minh City and Da Nang, where regulated pilot programs involving digital assets, sandboxes, and more will be conducted, according to a newly passed resolution by the National Assembly.
Tourism is the spearhead, but the new orientation to become a center for economics - finance - high technology is driving Da Nang to attract residents, spurring the development of residential real estate. Since being recognized as a centrally governed city in 1997, Da Nang has continuously transformed, evolving from a coastal tourism city into a vibrant socio-economic hub, rated by residents, visitors, and the community as one of Vietnam's most "livable" cities.
At 8 a.m., John Hoysradt wakes up, grabs a quick breakfast, then accompanies his wife to meet a group of friends at a café located about 4 kilometers from their home. “My life in Vietnam for the past two years has never been boring”, says the 75-year-old. “I wish I had moved here sooner”.