Việt Nam boasts one of the most active investment communities in the cryptocurrency sector. However, protecting investors and promoting sustainable growth requires a robust legal framework.
The Ministry of Planning and Investment (MPI) has proposed a controlled pilot programme for fintech activities, including digital asset and cryptocurrency trades at financial centres.
Vingroup plans to establish and hold a 51 per cent stake in VinMotion, a company specialising in the research, development and application of multifunctional robotics.
In 2023, Việt Nam’s hardware and electronics exports reached $113.3 billion, a sharp 15.1 per cent decline from $133.6 billion in 2022. However, 2024 has witnessed a robust rebound, with export revenue surging by nearly 16.8 per cent.
The US-based technology services company KMS Technology has signed a Memorandum of Understanding (MOU) with VinaCapital Foundation to fund US$350,000 for healthcare and education solutions for disadvantaged Vietnamese children and women.
By 2030, Việt Nam has set a goal to master the technology for manufacturing remote sensing satellites, establishing satellite data reception and processing stations, satellite control stations and systems for capturing Earth''s surface imagery using aerial devices.
The WHA Smart Technology Industrial Park project, covering nearly 179 hectares across four communes in Hoằng Hóa District, has been approved for development.
Financial technology (fintech) companies could be a great source of capital for small and micro enterprises, but a complete legal framework is needed to sustainably develop the capital channel, experts said.