Hanoi (VNA) – Deputy Prime Minister Ho Duc Phoc signed a resolution on September 9, giving the go-ahead for the five-year pilot of crypto asset trading.
The document highlights Vietnam’s cautious yet progressive entry into regulated cryptocurrency market, establishing strict control and protecting the legitimate rights and interests of both domestic and foreign organisations and individuals.
Under the resolution, all issuance, trading, and payment activities involving digital assets must be conducted in Vietnamese dong.
Only enterprises licenced by the Ministry of Finance will be allowed to organise digital asset exchanges, operate issuance platforms, or market related products. Strict compliance with laws on anti-money laundering, counter-terrorism financing, cybersecurity, and data protection is mandatory.
The resolution stipulates that only Vietnamese enterprises are allowed to issue digital assets, which must be backed by real underlying assets, excluding securities and fiat currencies. Importantly, such assets can only be offered to and traded among foreign investors through licenced service providers. Issuers must publish a prospectus at least 15 days before any offering.
Any service provider needs a minimum capital of 10 trillion VND (379 million USD), at least 65% of which must be contributed by institutional investors. Foreign ownership of any crypto asset is capped at 49%.
ღ Applicants must also meet rigorous requirements on governance, risk management, IT systems, and staffing, including experienced executives, certified securities professionals, and cybersecurity specialists./.
The Vietnam Blockchain and Digital Asset Association (VBA), KuCoin Group, and 1Matrix Company have entered into a strategic Memorandum of Understanding (MoU), ushering in a new stage of cooperation to strengthen blockchain infrastructure, expand digital asset applications, and accelerate the growth of Vietnam’s digital economy.
Basal Pay, featuring a three-tier identification system, automatically transmits transaction data and stores records for five years, enhancing users’ efficiency while supporting regulatory oversight of risks. It is expected to become a model of how Vietnamese firms could master technology and adhere to international standards from earliest stages.
Vietnam has an estimated 17 million digital asset holders, with annual cryptocurrency transactions valued at around 105 billion USD. However, blockchain experts believe this figure is only the tip of the iceberg as actual participation is likely much higher.
The 13th Mekong–Republic of Korea (RoK) Business Forum provided a platform to seek solutions for strengthening collaboration, overcoming economic challenges, and expanding opportunities for sustainable development in a volatile global environment.
The ratification of the agreement not only reaffirms its steadfast commitment to a rules-based, fair, and sustainable international trading order but also brings tangible domestic benefits.
Launched in 2017 as a successor to the Top 1000 Corporate Taxpayers, PROFIT500 has become a trusted 'barometer' of corporate health, reflecting not only profit scale but also financial efficiency, growth potential and social responsibility.
Ho Chi Minh City, as the country’s largest economic and financial hub, is expected to take the lead in key areas such as capital markets, banking, and commodity trading. Meanwhile, Da Nang, with its strategic location and open-minded spirit, holds great potential to become a pioneer in sustainable finance, green finance, and digital financial services.
By aligning regulatory frameworks more closely with international practices, the Vietnamese Government expects to create a more transparent, efficient and investor-friendly market environment.
The Vietnam Investment and Finance Association (VIFA) in the UK has successfully organised the event “Financial Insights 2025” in London, aiming to strengthen financial and business ties between the two countries.
Equipped with the state-of-the-art Rolls-Royce Trent 700 engine, the A330 aircraft will immediately be put into operation on routes to Australia, Kazakhstan, India, Japan and Europe, offering passengers a modern and comfortable travel experiences.
To deliver on the goal, the document highlighted the need to remove such barriers as pre-funding requirement for foreign investors ahead of trades while the central counterparty clearing (CCP) is being developed. Transparency on foreign ownership limits should be enhanced across all areas, together with streamlined registration procedures for account opening and indirect capital registration.
From September 15, commercial banks and foreign bank branches must maintain a minimum capital adequacy ratio (CAR) of 8%, including at least 4.5% in Tier 1 core capital and 6% in Tier 1 capital.
The State Bank of Vietnam set the daily reference exchange rate at 25,216 VND/USD on September 15, unchanged from the last working day of the previous week.
One of the key growth drivers for the paper packaging industry is the boom in e-commerce, FiinGroup reported, forecasting that the size of Vietnam's e-commerce market will reach 60 billion USD by 2030, leading to a massive demand for corrugated cartons used for shipping.
The Finance Minister's mission in the UK and Italy is expected to unlock new cooperation opportunities across multiple high-potential sectors, contributing to economic and financial cooperation between Vietnam and European countries.
The application integrates artificial intelligence (AI) and is capable of analysing images of wood cross-sections, providing identification results with an accuracy of up to 98.6% in less than one second.
The EU is among the world’s top three importers of farm produce, but Vietnam holds only a 2% share – still modest compared to its agricultural production capacity and potential, which indicates vast growth potential in the EU if backed by a proper strategy.
Vietnam’s stock market has emerged as a key driver of economic growth, serving as a channel for medium- and long-term capital mobilisation and a launchpad for businesses to enhance governance and financial transparency, said insiders.
With clear planning and a complete legal framework, Vietnam could draw private firms’ participation in the project. This is not only about mobilising capital, but also about fostering supporting industries, improving management capacity, and advancing sustainable economic and social development.
The roundtable was regarded as one of the largest international aviation cooperation events held in Vietnam this year. It was positioned as an investment promotion platform, where businesses from both countries - particularly in the fields of aviation and hospitality - had the opportunity to meet, exchange insights, and explore new avenues for cooperation.
State-run Airports Corporation of Vietnam (ACV) has proposed establishing an integrated air logistics centre and non-tariff zone at Long Thanh International Airport in Đồng Nai Province with an aim to turn it into a regional cargo gateway.
In the long term, greater transparency in project listings, administrative reform, and synchronised infrastructure investment will help position HCM City as a real estate hub in Southeast Asia. The city has the opportunity not only to attract FDI into real estate, but also to expand into finance, asset management, and associated services.
