Da Nang Signs MoU With Tether At DFTW 2025

Da Nang Partners With Tether For Smart City Development

On August 28, 2025, during the Da Nang Finance and Technology Week 2025 (DFTW 2025), the People’s Committee of Da Nang officially signed a Memorandum of Understanding (MoU) with Tether Operations, a global leader in the digital asset industry.

Strategic Move For Digital Transformation

The agreement opens significant opportunities for applying blockchain technology and peer-to-peer (P2P) solutions in smart city governance, digital infrastructure, and innovation. This milestone positions Da Nang as a pioneer in digital transformation in Vietnam, aligned with the National Blockchain Development Strategy to 2025 and beyond.

Da Nang Aims To Become A Regional Tech–Finance Hub

At the signing ceremony, Mr. Nguyen Van Quang, Secretary of Da Nang’s Party Committee, emphasized the city’s commitment to building a transparent and attractive investment environment. He affirmed: “With strong determination for innovation and breakthrough, Da Nang will be an ideal and reliable destination for organizations, businesses, and global corporations to explore opportunities for investment and cooperation.”

Blockchain – The Key To Smart Cities

Globally, blockchain is emerging as a crucial tool for enhancing transparency, data security, and optimizing public services. Major cities such as Dubai, Singapore, and Seoul have already integrated blockchain into financial management, public services, and sustainable urban models. Da Nang is rapidly catching up, aiming to position itself as a leading regional technology–finance hub.

Strategic Vision In A Global Context

Notably, with U.S. President Donald Trump – who returned to the White House in late 2024 – pushing forward digital finance policies and encouraging international tech cooperation, Da Nang’s early move to partner with Tether reflects both its strategic vision and ambition for global integration.

Disclaimer: The content above reflects the author’s personal views and does not represent any official position of Cobic News. The information provided is for informational purposes only and should not be considered as investment advice from Cobic News.