USDT 'black market' with $10m daily volume busted in northern Vietnam
Vietnam News 10:21 12/08/2026Police in the northern city of Hai Phong have uncovered a large-scale network trading USDT, a cryptocurrency pegged to the U.S. dollar, with daily transactions worth US$7-10 million.
Vietnam’s booming P2P crypto market attracts traders despite mounting risks
Economy 15:32 15/06/2026Vietnam’s peer-to-peer (P2P) cryptocurrency market is attracting a growing number of traders seeking profits from buying and selling USDT, the world’s largest dollar-pegged stablecoin, despite persistent risks including disputes, financial losses, scams, and bank account freezes linked to fraudulent transactions.
Foreign visitor demand drives pilot for digital asset conversions in Da Nang
Economy 07:07 15/01/2026Foreign visitor demand is accounting for a significant share of usage in Vietnam’s controlled pilot program allowing the conversion of digital assets into local currency, as the country launches its first crypto-to-fiat sandbox in the central city of Da Nang.
Da Nang authorizes trial conversion of digital assets at 3 locations
Economy 17:14 04/01/2026The People’s Committee of Da Nang City in central Vietnam has approved a controlled, time-limited test allowing a company to trial a new technology for converting digital assets into fiat currency and vice versa.
US institutions, corporations hope for stronger investment in Vietnam
Economy 14:32 27/10/2020They want to promote cooperation in a variety of industries
