The launch of the Global On-Chain Economy Alliance (GOE Alliance) at the Autumn Economic Forum 2025, witnessed by Prime Minister Pham Minh Chinh, Secretary of the HCMC Party Committee Tran Luu Quang, and numerous high-ranking national and international leaders, marks a pivotal and rare turning point in the formation of Vietnam’s International Financial Center, located in HCMC (IFC-HCM). This was far more than a mere announcement ceremony; it was a clear declaration that Vietnam—and HCMC in particular—has chosen to enter the new generation of global financial play with a proactive, confident, and future-oriented approach. In the context of the world shifting from a ‘tangible finance’ model to ‘digitally-driven finance’, the value of a financial center is no longer determined by the number of banks or office buildings, but rather by its capacity to lead new financial models based on data, technology, and transparency. In its journey to establish the IFC-HCM, HCMC recognizes that to truly enter the map of international competition, it must secure a new strategic advantage. This advantage is not found in traditional financial models, but rather within the on-chain ecosystem, where finance, technology, and innovation converge. Crucially, this ecosystem is also where new markets are formed before […]