July 7: Gujarat International Finance Tec-City (GIFT City) has signed a Memorandum of Understanding (MoU) with Vietnam’s Da Nang financial hub to enhance investment opportunities, strengthen financial cooperation, and foster collaboration between the two emerging financial centres.
The strategic partnership aims to create a platform for knowledge exchange, promote cross-border investments, and encourage cooperation in key areas including financial services, fintech, innovation, and sustainable economic development.
The MoU is expected to support businesses and investors from both regions by facilitating greater connectivity, sharing best practices, and exploring new avenues for growth. The collaboration will also contribute to strengthening economic relations between India and Vietnam.
As India’s leading international financial services hub, GIFT City continues to expand its global partnerships to attract investments and promote innovation in the financial sector. The collaboration with Da Nang marks another step towards building stronger links with international financial ecosystems.
Officials highlighted that the partnership will help unlock new opportunities for investors, encourage financial innovation, and support the development of globally connected financial centres in the region.
The agreement reflects the growing cooperation between India and Vietnam and their shared vision of creating a more integrated and investment-friendly financial environment.