City delegation visits and works with financial institutions in Switzerland

DNO - On January 20, on the occasion of accompanying Prime Minister Pham Minh Chinh to attend the 55th Annual Meeting of the World Economic Forum (WEF) in Davos (Switzerland), a delegation from Da Nang led by Chairman of the City People's Committee Le Trung Chinh visited and worked with organizations, institutions, and financial investment funds in Switzerland.

Chairman of the City People's Committee Le Trung Chinh (middle, right) works with the Board of Directors of Sygnum Bank. Photo: PV

At the headquarters of Sygnum Bank - the world's first digital asset bank, Chairman of the City People's Committee Le Trung Chinh shared information related to the legal framework for crypto assets in Vietnam.

Information on infrastructure conditions, information technology facilities and innovation activities in the city; exchange and discuss to clarify opportunities for foreign financial investors in the Free Trade Zone and Da Nang Financial Center.

Representatives of the Board of Directors of Sygnum Bank discussed the current development trends of innovation activities, crypto assets including cryptocurrencies.

Chairman of the City People's Committee Le Trung Chinh visited and worked with the Board of Directors of Sygnum Bank. Photo: P.V

Chairman of the City People's Committee Le Trung Chinh (middle) visited and worked with the Board of Directors of Sygnum Bank. Photo: PV

On the same afternoon, the city delegation had a meeting and worked with Mr. Philipp Rosler, former Deputy Prime Minister of the Federal Republic of Germany, Honorary Consul of Vietnam in Switzerland, founder and General Director of Concessor AG.

Also attending the meeting were Mr. Don Lam, CEO and founding partner of VinaCapital, and representatives of investment funds and major financial institutions in Switzerland such as UBS bank, Bitcoin Suisse brokerage firm, Maerki Baumann bank, etc.

Chairman of the City People's Committee Le Trung Chinh introduced the conditions of location and international connectivity, infrastructure, quality of living and business environment in Da Nang city, the vision and development orientation of the city in the coming time as well as projects that will have a great impact on the city in the future.

Referring to the Da Nang Financial Center, Chairman of the City People's Committee Le Trung Chinh expressed the city's determination in implementing the construction of the financial center.

Accordingly, in addition to coordinating the implementation of the draft policy mechanism for building and developing a regional and international financial center in Vietnam, the city also focuses on investing in developing an ecosystem to serve the financial center, training human resources and investing in infrastructure, focusing on digital infrastructure and connectivity infrastructure.

At the meeting, Mr. Philipp Rosler and representatives of investment funds and financial institutions raised many issues about policy mechanisms to promote foreign investors' participation, recommendations and orientations on policy mechanisms, human resources, building trust with investors and the financial community, and other related issues.

Chairman of the City People's Committee Le Trung Chinh signed a memorandum of understanding with Mr. Philipp Rosler, General Director of Concessor AG Company. Photo: PV

On this occasion, Chairman of the City People's Committee Le Trung Chinh represented the City People's Committee to sign a memorandum of understanding with Concessor AG Company to implement the contents discussed at the meeting. Mr. Philipp Rosler affirmed that he will continue to accompany and bring financial investors from Europe and Switzerland to survey and research investment opportunities in Da Nang city.

Source: http://baodanang.vn/kinhte/202501/doan-cong-tac-thanh-pho-tham-va-lam-viec-voi-cac-to-chuc-tai-chinh-tai-thuy-si-3999643/