On September 24th in the UAE, Deputy Prime Minister Nguyen Hoa Binh had a working session with Binance CEO, Mr. Richard Teng. An important highlight was the proposal for Binance to open an office in Da Nang, cooperating to implement a digital asset exchange within the framework of the Vietnam International Financial Center, while inviting Richard Teng to become a senior advisor.
Soon after, both parties signed a memorandum of understanding for cooperation between Binance and the Da Nang People's Committee on the development of blockchain technology and the digital asset market. Richard Teng committed to sharing global experience, accompanying the construction of a transparent market, while supporting Vietnam in implementing the International Financial Center.
According to Resolution 5 of the Government, Vietnam will pilot a sandbox for new financial models, including the cryptocurrency market in the next 5 years. Some businesses like CAEX, TCEX, VIXEX along with MB, VPBank, SSI are ready to participate. The direct presence of Binance will certainly help Vietnam accelerate this process.
Personally, I believe that in the short term (the next week), $BNB may benefit from sentiment, especially when news about the headquarters in Vietnam spreads. But in the long term, this will be a strategic turning point, making Vietnam a new blockchain hub in Asia, and BNB is the name that attracts the most attention.
👉 Besides Binance, the Deputy Prime Minister is also working with Bybit and Emaar Properties Group, showing that Vietnam's direction is to open up strongly to technology, digital assets, and international capital.
What do you think? Will $BNB surge thanks to the 'Da Nang push'?
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