The Deputy Prime Minister and the Da Nang delegation worked with BlackRock, Morgan Stanley, Goldman Sachs, and a host of other major names in the digital finance sector.
During their investment promotion trip to New York City from March 24th to 27th, the Da Nang delegation, led by Mr. Ho Ky Minh, Standing Vice Chairman of the Da Nang People's Committee and Chairman of the Da Nang International Finance Center (VIFC) , held a series of meetings with leading global financial institutions and investment funds. This was part of a program accompanying Deputy Prime Minister Nguyen Hoa Binh to implement the commitments of high-level leaders of Vietnam and the United States within the framework of the Comprehensive Strategic Partnership.
March 24th: Meet the top names on Wall Street
On the very first day, the delegation held working sessions with Franklin Templeton, Anchorage Digital, Pendle, Deutsche Bank, Morgan Stanley, and BlackRock. Deputy Prime Minister Nguyen Hoa Binh emphasized that the goal of the visit was to substantively implement the commitments made by the high-level leaders of the two countries, and to introduce the newly established Vietnam International Finance Center as an effective channel for mobilizing Capital , aiming for an Medium GDP growth of 10% or more during the 2026-2030 period.
During the meeting with Deutsche Bank, representatives of the bank assessed Vietnam as a priority market for many multinational corporations and expressed their desire to strengthen cooperation in the areas of trade finance, corporate cash flow management, and support for government bond issuance. Deutsche Bank also recommended that Vietnam relax some credit rating conditions and adjust the legal framework to align with international standards.
Notably, the CEO of Anchorage Digital – the first federally licensed digital platform in the US – affirmed his readiness to participate in Vietnam's international financial center through cooperation, joint ventures, and technology transfer. He also recommended that Vietnam prioritize building a legal framework for digital banking, recognizing stablecoins in payments, and implementing a sandbox mechanism for interbank payments using digital assets.
On the Morgan Stanley side, Managing Director Evan Damast assessed Vietnam as a high-growth and sustainable market, and proposed cooperation in Capital, IPOs, debt markets, and alternative asset management. Meanwhile, Mark Erickson (BlackRock) emphasized Vietnam's great potential in energy transition and renewable energy, recommending the development of a modern Capital market including Derivative and digital assets.
March 25th: Focus on emerging financial technologies.
The second day of the program focused on investment opportunities in the fintech and digital finance sectors, with working sessions with KraneShares, Stellar Development Fund, Polymorphic Capital, TPG, and Kraken. The CEO of KraneShares noted Vietnam's potential to become a significant investment destination due to its long-term growth prospects and its roadmap to upgrade to emerging market status, and proposed organizing a "Vietnam Day" event at the New York Stock Exchange to promote the Vietnamese market internationally.
TPG, a global private equity fund with over $300 billion in assets under management, said it is closely monitoring positive developments in Vietnam and seeking opportunities for cooperation, particularly in the areas of energy transition and climate change response. Kraken CEO David Ripley also recommended building a clear legal framework that balances innovation and investor protection.
March 26th: Da Nang connects with investors on asset Tokenize and real estate.
On the third day of the working session, the leaders of the Da Nang People's Committee held separate meetings with Outlander Capital and the law firm Martin Davis. During the meeting with Martin Davis, the two sides discussed opportunities for cooperation related to the Tokenize of real assets, a carbon credit exchange, and a digital asset exchange.
With Outlander Capital, Mr. Ho Ky Minh introduced VIFC Da Nang's investment incentive policies and sandbox mechanism, and discussed the possibility of leveraging the fund's international network to attract investors in real estate, transportation infrastructure, and tourism-services in Da Nang and Vietnam.
March 27th: OKX and the move towards a digital financial ecosystem.
On the final day of the trip, the delegation attended meetings with the Oregon Governor's Special Envoy, the CEO of East West Bank, the California Treasury Secretary, OKX , and Blue Evolution.
OKX Chairman Hong Fang highly appreciated Vietnam's orientation in building a modern, transparent, and integrated international financial center with digital finance. The two sides discussed the possibility of cooperating in developing financial and technological infrastructure and Chia international experiences. The Vietnamese side affirmed its commitment to building a competitive investment environment, applying superior preferential policies, and protecting the legitimate rights of investors.
