$ETH $BNB November 27, Binance officially signed a memorandum of cooperation with the Ho Chi Minh City Department of Finance, and both parties will work together to promote the construction of Vietnam's International Financial Center. This cooperation covers a wide range of key areas.

Specifically, both parties will jointly attract global investors, build a legal framework in the field of digital assets and blockchain, and provide regulatory sandbox support. At the same time, the cooperation will also focus on the growth of digital technology startups and small and medium-sized enterprises, providing them with more development opportunities. In addition, local regulatory agencies will receive professional training and seminar support.

This cooperation highlights Vietnam's clear strategy of building a financial center with digital finance at its core. As the fifth largest cryptocurrency market in the world, with an annual trading volume of up to $105 billion, this initiative is expected to further promote the openness and innovation of its financial market.

Both parties have decided to establish a joint working group to ensure the effective promotion and implementation of various cooperation contents. We hope this collaboration will inject new momentum into the development of the digital economy in Vietnam and even globally!
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