The VIFC
Decree 323, governance, comparative IFC analysis, free-zone framework, and VIFC institutional news. Reference material for firms evaluating Vietnam's international financial centre.
Singapore Backs VIFC Commercial Court in May 29 MOU
Singapore and Vietnam signed an MOU on 29 May 2026 to jointly develop the VIFC Specialised Commercial Court — the first bilateral partnership to operationalise Law 150's judicial framework.
VIFC Posts 38 Members in First Institutional Scoreboard
Vietnam's MoF disclosed 38 formal VIFC registrations across both nodes on May 25 — the first official membership count, against 'hundreds' of expressions of interest.
Decree 329's AA- Floor Is Blocking JPMorgan, MUFG, and Bank of America from the VIFC
Decree 329 requires AA-/Aa3 credit ratings for foreign bank VIFC licences — a threshold that blocks JPMorgan, MUFG, Bank of China, and over 10 other named institutions.
Da Nang's Implementing Decrees Are Too Strict: The Case for Amending Resolution 222
Da Nang's VIFC Executive Agency told the National Assembly in May 2026 that Resolution 222's eight guiding decrees are too strict for practical implementation — and is now preparing formal amendment proposals.
VIFC's Eight Implementing Decrees: A Practitioner's Reference Map
All eight VIFC implementing decrees (323–330) were enacted on 18 December 2025. Here is the practitioner's reference map.
HCMC's Davos Playbook: The On-Chain Partnerships Behind the Headlines
HCMC's Davos delegation signed two on-chain MoUs and studied Lugano's crypto-city model. Here is what each engagement actually involved.
VIFC Forex and Dispute Resolution: A Practical Framework for Cross-Border Transactions
The VIFC's forex and dispute resolution frameworks interact in ways that matter for cross-border deal structuring — a practical guide.
VIFC-HCMC's Growth Engine Architecture: What the Strategic Positioning Actually Means for International Firms
Vietnam's VIFC is designed as economic infrastructure, not a standalone marketplace. What $9 billion in early commitments reveals.
Vietnam's Trust Law Gap: Why the VIFC Cannot Yet Serve as a Wealth Structuring Centre
Vietnam classified trust activities and defined beneficial ownership in 2025 — but no enabling law bridges the gap to workable trusts inside the VIFC.
VIFC FAQ: Common Questions About Vietnam's International Financial Centre
Answers to the most common questions about the VIFC — tax incentives, membership, foreign currency rules, the sandbox, crypto regulation, dispute resolution, and myths that need correcting.
Market Structure and Products: What Can Be Traded, Cleared, and Settled in the VIFC
A practitioner's map of the product universe the VIFC's legal framework creates — from conventional banking and securities to commodity derivatives, digital assets, carbon credits, and NFT-structured cultural products.
Timeline and Milestones: How the VIFC Went from Politburo Notice to Operational Launch in 14 Months
A chronological record of every significant event in Vietnam's VIFC creation — from the November 2024 Politburo directive through Resolution 222 to the February 2026 operational launch in Ho Chi Minh City and Da Nang.
VIFC vs DIFC, AIFC, and GIFT City: How Vietnam's Financial Centre Compares
A structured comparison of Vietnam's VIFC with DIFC (Dubai), AIFC (Kazakhstan), and GIFT City (India) — comparing legal systems, tax incentives, crypto regulation, digital assets, and scale.
Who's Who: The People and Institutions Behind the VIFC
An ecosystem map of the governance bodies, regulators, founding members, strategic partners, and advisors shaping Vietnam's International Financial Centre.
For Financial Institutions: Licensing, Membership, and Operating Within the VIFC
A practical guide for banks, insurers, asset managers, and financial services firms evaluating the VIFC — covering membership tiers, licensing pathways, capital requirements, tax incentives, and the operational realities of setting up.
Getting Started: How to Register and Enter Vietnam's VIFC
A step-by-step guide to VIFC membership registration, entity formation in Vietnam, licensing pathways, tax incentive applications, and first operational decisions for international firms.
Resolution 222 Explained: The Law That Created Vietnam's International Financial Centre
A plain-English walkthrough of National Assembly Resolution 222/2025/QH15 — the foundational law establishing the VIFC in Ho Chi Minh City and Da Nang.
Vietnam's VIFC: What Global Financial Institutions Must Evaluate Before 2027
Licensing pathways, tax incentives, and regulatory gaps — a practical breakdown of what banks, asset managers, and insurers need to assess before Vietnam's financial centre opens.
Decree 323 Explained: How Vietnam's VIFC Will Actually Be Governed
The 'one centre, two locations' model, 17 priority sectors, and who controls what — Decree 323 decoded for financial institutions and legal teams planning VIFC entry.
What Is the VIFC? Vietnam's International Financial Centre Explained
A complete guide to Vietnam's International Financial Centre (VIFC) — the legal framework, governance structure, Ho Chi Minh City and Da Nang locations, priority sectors, tax incentives, and what it means for global finance.