Vietnam | News

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.

Vietnam has adopted a five-year crypto pilot that takes effect immediately and bans the issuance of assets backed by fiat currencies or securities. Vietnam, ranked among the top countries worldwide for cryptocurrency adoption, is launching a five-year pilot program introducing strict requirements for the crypto industry. Vietnam’s Deputy Prime Minister Ho Duc Phoc signed a resolution enforcing a framework establishing rules for trading and issuance of crypto assets, the Government Electronic Newspaper of Vietnam reported on Tuesday. Taking effect immediately, the pilot requires crypto transactions — from issuance to trading and payments — to be carried out in Vietnamese dong. Read more

Tyfoon Kajiki heeft in Vietnam al zeker één dode en acht gewonden geëist. Van meer dan zeshonderd woningen zijn de daken weggeblazen. Meer dan een half miljoen mensen moesten in afwachting van de storm hun woningen verlaten.

De autoriteiten in Vietnam hebben zondag meer dan een half miljoen mensen geëvacueerd vanwege de doortocht van tyfoon Kajiki. Ook werden een tiental binnenlandse vluchten geschrapt.

Military Bank, a Vietnamese state-controlled lender, has partnered with the parent company of South Korea’s Upbit exchange, Dunamu, to develop a cryptocurrency exchange. Vietnamese state-controlled bank Military Bank (MB) plans to launch a regulated crypto exchange in partnership with Dunamu, the parent company of South Korean crypto exchange Upbit. According to a Wednesday announcement from Dunamu, the company has signed a memorandum of understanding with Military Bank. In a Facebook post, Military Bank said Dunamu will support it building a cryptocurrency exchange in Vietnam with its technology. “MB and Upbit will be trusted partners, working together to promote Vietnam’s digital financial market,” Military Bank Chairman Luu Trung Thai said. Read more

Vietnam’s police said they arrested 20 people in the country’s largest crypto scam, a multibillion-dollar Ponzi scheme built around Paynet Coin. Vietnamese authorities have dismantled what they described as the country’s largest crypto fraud to date, arresting the ringleader and accomplices behind a multibillion-dollar Ponzi scheme built around the digital token Paynet Coin (PAYN). The Phu Tho Provincial Police said on Monday that the suspects lured thousands of victims in Vietnam and overseas into an illegal multilevel marketing (MLM) operation disguised as a crypto investment platform, according to a report by local media outlet Công an Nhân dân. Using websites such as FMCPAY.com and AFF2024.com, the group promised investors monthly returns of 5%–9% and additional commissions for recruiting others. Funds from new participants were used to pay earlier investors, a classic Ponzi structure, per the authorities. Read more

JERUSALEM/CAIRO: Israel’s far-right finance minister has demanded Prime Minister Benjamin Netanyahu scrap his plan to seize Gaza City in favour of a tougher one, while Italy said on Sunday the plan could result in a “Vietnam” for Israel’s army. Netanyahu’s security cabinet, of which the minister, Bezalel Smotrich, is a member, approved the plan by […]

Vietnam will use the NDAChain network to power a decentralized identity solution that allows digital contract signing and counterparty verification. Vietnam launched a national blockchain platform designed to serve as the backbone for its expanding digital ecosystem.  On Friday, Vietnam announced the state-run blockchain network, which will verify digital transactions and records across different sectors.  The new platform, NDAChain, was developed by the country’s National Data Association (NDA) and will be operated by the Ministry of Public Security’s Data Innovation and Exploitation Center. Read more

At least nine people, including children, were killed in central Vietnam when a bus crashed early on Friday, the government said. The accident, which took place at 1:45am in the central province of Ha Tinh, left another 16 injured, the government said in a statement. Traffic accidents are common in Vietnam, with road crashes killing 5,024 people in the first half of this year, down from 5,343 in the same period of 2024, according to data from the government’s National Statistics Office. The government report said the bus was en route from the capital Hanoi to Danang when it veered off the road and hit traffic signposts before rolling over. All of the injured have been hospitalised with multiple injuries, the government said, adding that the dead are aged between four and 49.

Zeker 34 mensen zijn zaterdag omgekomen nadat een boot met toeristen kapseisde in Vietnam. Vermoedelijk waren er vooral gezinnen uit de hoofdstad Hanoi aan boord, melden lokale media. Elf opvarenden zijn gered, acht worden er nog vermist.

Cel puţin 34 de persoane şi-au pierdut viaţa, iar alte opt au fost date dispărute, sâmbătă, după naufragiul unei ambarcaţiuni turistice care transporta peste 50 de persoane, în Golful Halong, una din destinaţiile cele mai populare din Vietnam.

Zeker 34 mensen zijn om het leven gekomen toen een boot met toeristen kapseisde in Vietnam. Dat gebeurde volgens lokale media in de beroemde Hạ Longbaai, die op de Werelderfgoedlijst van Unesco staat.

Vietnam sleept een ‘milde’ douaneheffing uit onderhandelingen met Trump. De VS krijgen ‘totale toegang’ tot de Vietnamese markt en ook de Trump Organization profiteert. 

Pakistan and Vietnam have agreed to expand cooperation in the Halal seafood industry, signaling a new chapter in bilateral trade relations between the two countries.

Vietnam has passed a sweeping digital technology law that legalizes crypto assets and outlines incentives for AI, semiconductors and infrastructure. The National Assembly of Vietnam approved the Law on Digital Technology Industry on June 14, bringing digital assets under regulatory oversight. The legislation, set to take effect on Jan. 1, 2026, recognizes crypto assets and lays the groundwork for broader digital innovation across the country, according to reports from local media outlets. The law classifies digital assets into two categories: virtual assets and crypto assets. While both rely on encryption or digital technologies for validation and transfer, neither includes securities, digital fiat currencies or other financial instruments. Read more

[PRESS RELEASE – Hà Nội, Vietnam, May 15th, 2025] Global Emerging Markets (GEM), a $3.4 billion alternative investment group headquartered in the United States, has signed an investment agreement with Meey Land Group Joint Stock Company (Meey Group), a pioneering Vietnamese proptech firm. Under the agreement, GEM has committed to invest up to $80 million […]

Publicity stunt master Justin Sun is finally blasting into space on Blue Origin — and you can join him. Vietnam’s new TradFi L1. Asia Express. Crypto exchange HTX (formerly Huobi) said it will send one user a $6 million ticket to blast off to space alongside Justin Sun in July 2025. The campaign will select five additional finalists to join seven previous winners to form a 12-person shortlist. One person will ultimately be chosen to participate in the commercial spaceflight. The exchange has actually been talking about doing this since 2021 when Sun was revealed as the winner of a $28 million auction for a ten minute trip into space. It’s unclear why the trip itself has been delayed so long, but scheduling conflicts have been cited. One bonus for Sun, is that he’s received four years of publicity about the very, very expensive promotion. The latest announcement comes amid renewed scrutiny of space tourism, following Blue Origins NS-31 mission in April that sent pop star Katy Perry, TV host Gayle King, and Jef...

President Volodymyr Zelensky accepted credentials from the newly appointed ambassadors: Luís Manuel Ribeiro Cabaço of the Portuguese Republic, Park Ki-chang of the Republic of Korea, and Pham Hai of the Socialist Republic of Vietnam.