The Vietnam International Financial Centre in Da Nang (VIFC-DN) formally joined the UNDP-coordinated Financial Centres for Sustainability network, FC4S, at an event in New York on September 25, the Government News site reported. Membership is intended to strengthen international connections and access to practices and standards in green and sustainable finance.

The parties agreed to continue developing a sustainable-finance ecosystem and to prepare a pipeline of projects that could seek international capital in areas such as infrastructure, energy and green cities. Those are cooperation plans and project-development steps. Joining the network is not evidence that a specific financing transaction or investment project has already closed.