Geneva, July 7 -- Vietnam is moving to establish an international financial centre in Ho Chi Minh and Da Nang, two of its most dynamic cities, a plan that includes controlled trial for digital assets which is attracting interest from Swiss investors.

The plan, enshrined in a resolution passed by the Vietnamese National Assembly on June 27, will create regulatory sandboxes for financial technology. As part of a push to drag Vietnam's financial system into the modern age while slashing red tape, it has been welcomed by foreign investors.

Among those closely watching is Stefan Winzenried, founder and CEO of JANZZ.technology, a Swiss tech firm. Winzenried, who opened his company's only branch outside Zurich in Ho Chi Minh City, said he has ...