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Da Nang is progressing towards the establishment of an international financial center, guided by the Politburo's directives, with plans to transition into a simulation phase by September 2025. The city has formed partnerships with notable entities like Binance and Tether, and aims to create regulatory sandboxes for innovative financial models. With a focus on enhancing IT infrastructure, Da Nang is set to officially open its governing body's office on January 9, 2026.