News
Vietnamese news outlets have reported that the country's prime minister, Phạm Minh Chính, has tasked the State Bank of Vietnam with studying and conducting a pilot for a digital currency.
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Vietnam News
Vietnam is a socialist country in Southeast Asia with a population of 94.6 million and an area of 331 thousand kilometers. Vietnam has a strong socialist-oriented market economy. Vietnam is considered to be one of the fastest growing economies — in terms of nominal gross domestic product and GDP per capita — since its shift from a command to a mixed economy. It is also an attractive place for foreign investments and is a large agricultural exporter. Vietnam has no Bitcoin trading or holding regulations. Bitcoin in Vietnam is allowed to be used as a good or an asset. Vietnamese Bitcoin exchanges, such as Bitcoin Vietnam and VBTC, are working without any limitations. Also, Vietnam does not restrict Bitcoin mining but made it illegal to use as a means of payment as well as to issue other digital currencies for their usage as a means of payment.
- News
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Vietnam’s government is adopting blockchain technology on a national level.
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A senior Vietnamese police official said cryptocurrency fundraisers are illegal in the country and people should not invest in them.
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Vietnam's finance ministry has established a research group to develop and scrutinize digital-currency-related policy proposals.
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A major Vietnamese shipping terminal has become the latest entity to join IBM and Maersk’s TradeLens blockchain platform.
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