GIFT City Signs Three Strategic MoUs with Vietnam's Da Nang Financial Hub, Tata Communications, and CEPT University

The Vietnam Partnership: Knowledge Transfer for Emerging Financial Centres

GIFT City collaborated with Vietnam International Financial Center - Da Nang (VIFC-DN) to share institutional knowledge and best practices. Having built India's only IFSC from the ground up, GIFT City will share lessons and institutional experience from its development journey as VIFC-DN takes shape.

The partnership will cover financial services, fintech and digital innovation, capacity building and financial sector development, while exploring opportunities for cross-border investment and stronger business linkages between India and Vietnam.

The two institutions will also collaborate on joint research and publications, professional exchanges, conferences, seminars and outreach initiatives, and maintain institutional engagement on areas of mutual interest.

Tata Communications Partnership: Attracting Global Capability Centres and Treasury Firms

GIFT City signed an MoU with Tata Communications to jointly position GIFT City as a preferred destination for GCCs, treasury centres, technology enterprises and other service-oriented businesses.

The agreement is aimed at making GIFT City a more attractive destination for Global Capability Centers (GCCs), treasury management firms, and other technology-led businesses. This initiative involves joint efforts to attract major companies by providing high-quality market intelligence and infrastructure support.

CEPT University Collaboration: Research, Education, and Urban Development

GIFT City signed an MoU with CEPT University to collaborate on research, knowledge exchange, executive education, sustainability studies, urban planning and capacity building, drawing on the university's expertise in architecture, planning, design and urban management.

This partnership focuses on long-term sustainability and urban planning. By leveraging the university's research expertise, GIFT City aims to enhance its physical design, urban management, and executive education programmes, which are vital for maintaining a modern, world-class business district.

GIFT City's Current Financial Standing

GIFT City currently hosts more than 1,500 entities and holds banking assets worth $111 billion as of March 2026. The fund management ecosystem comprised 217 Fund Management Entities managing 360 schemes, with cumulative capital commitments crossing USD 39 billion.

As of March 2026, 35 aircraft lessors and 36 ship lessors were operating from the ecosystem, with more than 370 aviation assets and 37 ships leased through GIFT City structures. Loans and advances by Global/Regional Corporate Treasury Centres (GRCTCs) operating from GIFT City stood at USD 5.61 billion as of March 2026, reflecting growing adoption of the ecosystem for treasury management and cross-border financing activities.

Significance: Positioning GIFT City on the Global Stage

The GIFT City–Vietnam Da Nang partnership marks an important step in expanding India-Vietnam financial cooperation, promoting investment, innovation and institutional collaboration while reinforcing GIFT City's emergence as a globally competitive financial centre.

GIFT City is India's first operational greenfield smart city and international financial services centre. In 2025, GIFT City secured the top rank in reputational advantage, ranked 40th in fintech, and achieved an overall ranking of 46th in the Global Financial Centres Index (GFCI 37).