VIFC
Vietnam's First International Financial Centre

VIFC Da Nang

Established by National Assembly Resolution 98/2023, the Vietnam International Financial Centre in Da Nang offers a world-class regulatory environment, competitive tax incentives, and a strategic gateway to ASEAN's 680 million consumers.

Vietnam Financial Hub Map

HoΓ ng Sa(Paracel Islands)Trường Sa(Spratly Islands)Biển Đông(East Sea)HanoiDa NangVIFC β€” International Financial CentreHo Chi Minh City

3 Financial Hubs

Vietnam's financial ecosystem is anchored by three cities forming a north-center-south corridor

Da Nang

VIFC β€” International Financial Centre

  • βœ“Vietnam International Financial Centre (VIFC)
  • βœ“Fintech & blockchain regulatory sandbox
  • βœ“Special tax incentives (0-10% CIT)
  • βœ“Cross-border payment pilot zone
  • βœ“Green finance & digital asset hub
2024
Established
Da Nang
Location
0-10%
Corporate Tax
100%
Foreign Ownership

Incentive Policies

%
Corporate Income Tax

0% for first 4 years, 5% for next 9 years, 10% thereafter for qualified entities

U
Personal Income Tax

Flat 15% for foreign experts working in VIFC (vs. up to 35% standard)

V
Work Permits & Visas

Streamlined visa-on-arrival, 5-year multiple entry for VIFC-registered employees

F
Foreign Ownership

100% foreign ownership permitted for most financial services activities

$
Currency & FX

Free foreign exchange transactions within VIFC zone, relaxed capital controls

B
Land & Office

Preferential land lease rates, modern Grade A office space at $8-15/sqft/year

S
Regulatory Sandbox

Fast-track sandbox for fintech, blockchain, digital assets, and green finance

J
Dispute Resolution

International arbitration center with English common law option

Who Can Register?

Banks & Financial Institutions
Commercial banks, investment banks, securities firms
SBV license + VIFC registration
Fintech Companies
E-wallets, P2P lending, InsurTech, credit scoring
VIFC registration + sandbox (if applicable)
Blockchain & Digital Assets
Exchanges, stablecoin issuers, DeFi protocols
VIFC sandbox approval required
Fund Management
Venture capital, private equity, hedge funds, REITs
SSC license + VIFC registration
Professional Services
Law firms, accounting, consulting, auditing
VIFC registration + professional license
Insurance
Life, non-life, reinsurance, InsurTech
MOF license + VIFC registration

Registration Process

1

Pre-Application

1-2 weeks

Review eligibility, prepare documentation, initial consultation with VIFC authority

2

Application Submission

1 week

Submit registration via e-Registration portal with required documents

3

Review & Approval

2-4 weeks

VIFC authority reviews application, may request additional information

4

Registration Certificate

1-3 days

Receive VIFC registration certificate and entity number

5

Operational Setup

2-4 weeks

Office setup, bank account opening, staff visa processing, regulatory compliance

6

Commence Operations

β€”

Begin operations with ongoing compliance reporting to VIFC authority

Contact VIFC Da Nang
Official registration and inquiry channels

Phone

02363.667766

Email

ifc@danang.gov.vn