GIFT City (Gujarat International Finance Tec-City) signed an MoU with Vietnam's Da Nang International Financial Centre for cross-border investment facilitation, fintech cooperation, and regulatory knowledge exchange. GIFT City also signed MoUs with Tata Communications and CEPT University. Separately, the Government of India extended additional National Pension System (NPS) investment choices to employees of Central Autonomous Bodies (CABs), allowing them to select their preferred Pension Fund Managers (PFMs) and investment patterns — bringing them at par with Central Government employees.
Polity
GIFT City Signs MoU with Vietnam's Da Nang Financial Hub; NPS Extended to Central Autonomous Body Employees
Key Points
- GIFT City (Gujarat International Finance Tec-City) signed an MoU with Vietnam's Da Nang International Financial Centre for cross-border investment facilitation, fintech cooperation, and regulatory knowledge exchange
- GIFT City also signed MoUs with Tata Communications and CEPT University
- Separately, the Government of India extended additional National Pension System (NPS) investment choices to employees of Central Autonomous Bodies (CABs), allowing them to select their preferred Pension Fund Managers (PFMs) and investment patterns — bringing them at par with Central Government employees
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• GIFT City + Da Nang Financial Hub (Vietnam): MoU for cross-border investment + fintech (Jul 2026) • GIFT City: Gujarat International Finance Tec-City; IFSC; India's first IFSC; Gandhinagar, Gujarat • NPS extended to Central Autonomous Bodies (CABs) employees: choice of PFMs + investment patterns • PFRDA: Pension Fund Regulatory and Development Authority; regulates NPS
