During a meeting with Bybit, a company boasting over 2.5 million users in Vietnam (approximately 15% of the market) and the largest cryptocurrency exchange in the UAE, the CEO of Bybit applauded Vietnam’s initiative to pilot digital assets and establish an international financial hub.
Bybit expressed readiness to support the development of a legal framework, share international expertise, and contribute to workforce training in Vietnam.
The Deputy Prime Minister congratulated Bybit on its success, emphasizing the importance of creating a pilot legal framework for digital assets. He also urged the company to continue partnering with Vietnam in this endeavor.
Deputy Prime Minister Nguyễn Hòa Bình and Bybit CEO – Photo: VGP/Nguyễn Hoàng
In a separate meeting with the CEO of Binance, the world’s leading digital asset trading platform, the Deputy Prime Minister expressed a desire for Binance to establish an office in Da Nang and collaborate closely with Vietnam’s international financial center in launching a cryptocurrency exchange.
On this occasion, the Deputy Prime Minister invited Mr. Richard Teng, CEO of Binance and former CEO of Abu Dhabi Global Market, to serve as a senior advisor for the development of Vietnam’s International Financial Center.
Deputy Prime Minister meets with Richard Teng, CEO of Binance – Photo: VGP/Nguyễn Hoàng
Mr. Richard Teng, representing Binance, agreed to share expertise and collaborate closely to develop the cryptocurrency market in Vietnam. He also committed to sharing insights from Abu Dhabi’s experience in building an international financial center.
During the meeting, the Deputy Prime Minister witnessed the signing of an MOU between Binance and the Da Nang People’s Committee for the development of blockchain technology and digital assets.
Free Accounting Software Now Available for Small Businesses
As Vietnam transitions to a self-declaration tax system for individual businesses by 2026, a leading sales management platform serving over 300,000 businesses has launched a free, user-friendly accounting software. This innovative solution empowers individual businesses to seamlessly adopt accounting practices, ensuring compliance with the new tax regulations.
Toyota Aims to Expand Green Vehicle Investments, Boost Local Production, and Make Cars More Accessible in Vietnam
On the morning of September 25th, Deputy Prime Minister Hồ Đức Phớc received Mr. Tiền Quốc Hào, Chairman of Toyota Asia, and his delegation during their working visit to Vietnam.
Seizing the Moment: Mitigating the 1% Risk of Vietnam’s Stock Market Upgrade Delay
Vietnam is widely regarded as a “top contender” in the upcoming stock market upgrade assessment. Even if there’s a 1% risk of missing the upgrade this time, experts believe the impact would be purely psychological, as the potential for attracting foreign capital into Vietnam remains substantial.
General Secretary To Lam: The Documents of the 14th National Congress Must Be a Strong Commitment to the People
On the afternoon of September 25th, at the Party Central Headquarters, General Secretary Tô Lâm chaired a working session with the Standing Committees of the Sub-Committees of the 14th Party Congress. The meeting aimed to provide feedback and finalize the draft documents to be submitted to the 14th Party Congress.
Leading Chinese Tech Conglomerate Strengthens Partnerships in Bac Ninh, Creating Over 60,000 Jobs
The enterprise’s total investment in the province has reached an impressive 20% of the entire corporation’s revenue.
