Binance has signed a Memorandum of Understanding with the Ho Chi Minh City Finance Department to aid in the development of an international financial center in Vietnam's largest city. The agreement, finalized during the 2025 Autumn Economic Forum, aims to attract investors and establish a legal framework for digital assets and blockchain technology.
The partnership will also focus on creating a regulatory sandbox for digital asset projects and supporting startups and SMEs through digital technology initiatives. Additionally, Binance and the city will provide training and workshops for regulatory agencies, with a joint working group set to oversee the project's implementation.
Binance Partners with Ho Chi Minh City to Develop Financial Hub
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