Gujarat International Finance Tec-City (GIFT City) signs MoU with Vietnam International Financial Center - Da Nang (VIFC-DN)

Key facts

• Gujarat International Finance Tec-City (GIFT City) signed a Memorandum of Understanding (MoU) with Vietnam International Financial Center - Da Nang (VIFC-DN) to share institutional knowledge and best practices.
• The partnership focuses on financial services, fintech, digital innovation, capacity building, and financial sector development to facilitate cross-border investment.
• GIFT City signed an MoU with Tata Communications to position the city as a preferred destination for Global Capability Centres (GCCs), treasury centres, technology enterprises, and service-oriented businesses.
• An MoU with CEPT University aims to collaborate on research, knowledge exchange, executive education, sustainability studies, urban planning, and capacity building.
• As of March 2026, GIFT City hosts more than 1,500 entities and holds banking assets worth $111 billion.