Vietnam | News

Bithumb’s tie-up with SSI Digital positions it for Vietnam’s strict crypto exchange pilot as competition for scarce licenses heats up and scrutiny mounts at home. South Korean crypto exchange Bithumb is expanding its overseas push through a new partnership in Vietnam as the country moves toward licensing its first domestic digital asset trading platforms. Bithumb said it signed a memorandum of understanding (MoU) with SSI Digital (SSID), a subsidiary of Vietnam’s largest securities company, SSI Securities, to cooperate on establishing and operating a virtual asset exchange in the country. The agreement, signed in Hanoi in March but announced Thursday, also leaves the door open for Bithumb to make a strategic equity investment in an SSID-designated entity, subject to Vietnam’s regulatory approvals. Read more

Vietnamese President To Lam is expected to discuss expanding defence ties with India during a visit to New Delhi this week, including the potential purchase of BrahMos missiles jointly developed with Russia, two sources said. India, which has been building up domestic defence manufacturing for local use and exports, has already sold the supersonic cruise missiles to the Philippines and signed a contract with Indonesia in March. A deal with Vietnam could be worth about 60 billion Indian rupees ($629 million), including training and logistical support, said one of the sources. India considers Vietnam a key part of its strategy to ensure stability in the Indo-Pacific region amid China’s growing influence. A third source said some defence cooperation announcements could be made during To Lam’s May 5-7 visit, though no signing of a weapons deal was expected. To Lam arrived on Tuesday in the eastern city of Bodh Gaya, a Buddhist pilgrimage site, on Tuesday. All the sources declined to be identified as they were not...

To Lam mikt als partijbaas én president van Vietnam op 10% groei van de economie. Maar het Aziatische land staat ook voor een aantal flinke uitdagingen.

President Asif Ali Zardari has congratulated To Lam on his election as President of Vietnam, stating that the unanimous support of the National Assembly reflects strong confidence in his leadership.

OKX Ventures and HashKey are buying into VPBank-backed CAEX as Vietnam’s strict crypto pilot pushes offshore exchanges toward a challenging onshore licensing regime. CAEX, a crypto platform linked to the Vietnam Prosperity Joint Stock Commercial Bank (VPBank) ecosystem, said OKX Ventures and HashKey Capital are backing the company as it seeks to qualify for Vietnam’s pilot regime for crypto exchanges. CAEX said Friday that the two offshore companies will join VPBank Securities (VPBankS) and technology partner LynkiD as shareholders. According to a release shared with Cointelegraph, their investment is intended to help CAEX reach Vietnam’s minimum charter capital threshold of 10 trillion dong (about $380 million), a key condition for participating in the pilot program. Read more

Remco van Wijngaarden verhuist deze zomer van Bangkok naar Hanoi. De 59-jarige diplomaat benadrukt dat deze regio belangrijker is dan ooit. ‘In Vietnam en Maleisië zijn nu grote veranderingen.’

Vietnam detained ONUS-linked suspects in an alleged token fraud case as police described price manipulation, false promotions and centralized market control. Vietnamese authorities have detained multiple ONUS-linked suspects after alleging they used false promotions and manipulated token trading to misappropriate investor funds through the crypto platform. The Ministry of Public Security said Thursday that the investigation targeted a group accused of selling digital tokens through the Onus platform, using misleading promotions and coordinated trading activity to attract users. Authorities claim the group manipulated supply and demand and adjusted token prices, presenting the assets as legitimate investment opportunities while maintaining centralized control over their markets.  Investigators named several suspects in the case, including Vuong Le Vinh Nhan, who is linked by Vemanti to XPLOR, the Singapore-based parent company of ONUS Pro; Tran Quang Chien, identified in Vietnamese reporting as the technical a...

Five companies, including bank affiliates and a major conglomerate, are competing for Vietnam’s first crypto exchange licences as authorities plan to restrict offshore trading. Five Vietnamese companies are reportedly competing to launch the country’s first licensed crypto exchanges as authorities move to bring trading onshore and ban overseas platforms. Five companies have passed an initial qualification round, Reuters reported on Tuesday, citing a March 12 finance ministry document. The group reportedly includes affiliates of private banks Techcombank, VPBank and LPBank, alongside stockbroker VIX Securities and conglomerate Sun Group. VPBank and Sun Group reportedly confirmed their licence applications to Reuters. Vietnam opened applications for licenses to operate crypto exchanges in January. The move came after new procedures issued by the finance ministry and a law that, for the first time, defines crypto assets as property while still banning their use as legal tender or for payments. Read more

Un marinar american și-a riscat viața în iadul închisorilor de război din Vietnam în anii 70 pentru a-și salva camarazii. A jucat timp de doi ani rolul unui idiot reușind să păcălească un întreg sistem și chiar pe cei mai isteți comandanți vietnamezi. Povestea sa incredibilă a fost ecranizată.

Vietnam’s Finance Ministry proposes a 0.1% tax on crypto transfers, 20% corporate tax on profits and tough licensing standards for digital asset exchanges. Vietnam is preparing to introduce a tax framework for cryptocurrency transactions that would align digital assets with securities trading, according to a draft policy circulated by the Ministry of Finance. Under the proposal, individuals transferring crypto assets through licensed service providers would face a 0.1% personal income tax on the value of each transaction, local outlet The Hanoi Times reported. The structure mirrors the levy currently applied to stock trades in the country. According to the report, the draft circular, released for public consultation, classifies crypto transfers and trading as exempt from value-added tax. However, the turnover-based tax would apply to investors regardless of residency status whenever a transfer is executed. Read more

The licensing move operationalizes Vietnam’s crypto pilot, though regulators have yet to confirm receiving or approving any exchange applications. Vietnam began accepting applications for licenses to operate digital asset trading platforms, marking the operational start of the country’s long-planned pilot program for a regulated crypto market. The State Securities Commission of Vietnam (SSC) officially opened the licensing window on Tuesday, following the issuance of new administrative procedures under Decision No. 96 by the Ministry of Finance of Vietnam, which implements a resolution on piloting a regulated crypto asset market.  “Applications for the aforementioned administrative procedures will be accepted beginning January 20, 2026,” the SSC said, framing the move as part of a broader effort to bring crypto under formal regulatory oversight.  Read more

LAHORE: Pakistan’s rice exports recorded a strong rebound in December 2025, registering a 14 per cent month-on-month (MoM) increase compared to November, primarily driven by a more than 50pc surge in Basmati shipments. The impressive performance enabled Pakistan to overtake Vietnam and emerge as the world’s third-largest rice exporter, behind India and Thailand, during the month. According to trade data, Pakistan exported 489,000 tonnes of rice in December 2025, excluding shipments to Iran, compared to Vietnam’s 387,000 tonnes. This marks Pakistan’s best monthly rice export performance, underscoring renewed momentum in the sector. The UAE remained the top destination for Pakistani rice, importing 74,897 tonnes, including 16,850 tonnes of Basmati. China followed closely with 74,685 tonnes, while other major destinations included Tanzania (62,900 tonnes), Kenya (60,300 tonnes), Ivory Coast (41,700 tonnes), Guinea-Bissau (31,850 tonnes), Malaysia (23,930 tonnes), Madagascar (17,800 tonnes), Kazakhstan (17,050 to...

Vietnam has revved up South China Sea land reclamation efforts this year, beginning construction on eight previously untouched Spratly Islands features.

Rescuers raced to find more than a dozen people still missing on Saturday after a week of heavy flooding in Vietnam, where authorities said at least 55 people have died. Relentless rain has lashed south-central Vietnam since late October and popular holiday destinations have been hit by several rounds of flooding. Whole city blocks were inundated this week in coastal Nha Trang, while deadly landslides struck highland passes around the Da Lat tourist hub. At least 55 people have been killed across six provinces since Sunday, while the search continues for 13 others, the environment ministry said in a statement released on Saturday. Mountainous Dak Lak province was the hardest hit, with more than two dozen fatalities, it said. Rescuers were still plucking people from treetops and the roofs of homes as floodwaters receded there on Friday, state media reported. Multiple highways remained impassable Saturday and 300,000 people were without power, after a blackout that initially affected more than a million, the en...

Despite U.S. interest in deeper military ties with Vietnam, the Nov. 2 visit by Defense Secretary Pete Hegseth did not yield an arms sales announcement.

Vietnam gooit de economie op de schop en zet het mes in de bureaucratie. Alles om in 2045 een hooginkomenland te worden.

Vietnam’s crypto pilot gets no takers, with steep capital rules and bans on stablecoins and tokenized securities limiting interest. Vietnam’s Ministry of Finance confirmed that no companies had applied to participate in the country’s five-year digital asset trading pilot despite increasing global interest in regulated crypto markets.  At a Sunday news briefing, Deputy Minister of Finance Nguyen Duc Chi told local media outlets that the ministry has not received any proposals from enterprises seeking to pilot digital asset trading in the country.  “As of now, the ministry has not received any proposals from enterprises,” Chi said, adding that the pilot will allow a maximum of five participants. He also said the ministry is expediting the process so that the first eligible enterprise can be licensed and begin operations as soon as possible.  Read more

Vietnam is one of the leading countries for crypto adoption in the Asia-Pacific (APAC) region and ranks number four globally, according to Chainalysis. The State Bank of Vietnam, the country’s central bank, anticipates credit growth of about 20% in 2025, a move that could see liquidity flow into global crypto markets amid rising adoption in the region. Pham Thanh Ha, deputy governor of the central bank, said Friday that interest rates need to be slashed further to encourage economic growth and mitigate the uncertainty from US-imposed tariffs, according to Reuters. Vietnam’s government legalized cryptocurrencies in June as part of broader technology regulation, which categorized cryptocurrencies as either virtual assets representing real-world tokenized products or crypto assets like Bitcoin (BTC) and Ether (ETH). Read more

Vietnam closed airports and evacuated thousands of people in areas under storm threat on Sunday, as intensifying Typhoon Bualoi barrelled towards the country, days after causing at least 10 deaths and widespread flooding in the Philippines. The typhoon was generating winds of up to 133 km/h (83 mph) as of 1000 GMT (3pm PKT) and is forecast to make landfall in central Vietnam around 0100 on Monday, slowing as it nears the coast, state-run Thanh Nien newspaper reported. “This is a rapidly moving storm - nearly twice the average speed - with strong intensity and a broad area of impact,” the national weather forecast agency said. “It is capable of triggering multiple natural disasters simultaneously, including powerful winds, heavy rainfall, flooding, flash floods, landslides, and coastal inundation.” Northern and central provinces may see up to 600 mm of rain through October 1, with rivers rising by 9 meters and risks of flooding and landslides, it said. Authorities in the central province of Ha Tinh have starte...

If you’ve been following the latest news from 1984, you’ll know that Vietnam has permanently closed over 86 million bank accounts. For a country with an estimated 200 million bank accounts, that’s around 43% being frozen or deleted to “prevent fraud and cybercrime.” The account closures follow sweeping new regulations requiring users’ biometric authentication, and […] The post Vietnam’s bank account purge is the best publicity for Bitcoin appeared first on CryptoSlate.