Prime Minister Nguyen Xuan Phuc has required the State Bank of Vietnam (SVB), financial institutions, and other organisations providing payment brokerage services to intensify inspections and promptly report suspicious cryptocurrency transactions.
The Prime Minister has just signed Directive No.10/CT-TTg on the matter, following repeated warnings from relevant agencies on risks associated with Bitcoin and other cryptocurrencies, along with the threat that cryptocurrencies can be used to finance crimes such as money laundering, terrorism, tax evasion and fraud.
At the same time, cryptocurrency trading and investment is on the rise, posing a threat to the stability of the financial market and social order and safety due to the high risk involved.
The PM instructed the Ministry of Public Security to join hands with the SBV and relevant ministries to detect and handle any case of using cryptocurrency for illegal payment or any activities connected to money laundering and terrorism sponsor activities via cryptocurrency.
Meanwhile, the Ministry of Finance is requested to study global experience to recommend solutions to counter initial coin offering (ICO). In addition, the ministry should work to reduce the import of Bitcoin mining machines.
The Ministry of Industry and Trade must channel efforts into addressing illegal activities relating to the illegal use of Bitcoin to make payment on e-commerce websites or applications.
The Ministry of Justice is responsible for completing a legal framework on the management and settlement of cryptocurrency or crypto assets.
The media are urged to do their part in raising public awareness on the risks and negative consequences of cryptocurrency investment and trading.
Cryptocurrency is considered an illegal non-cash payment method in Vietnam. The use of virtual money as a means of payment is prohibited and will be handled according to the country’s legal regulations.
The police in Ho Chi Minh City are coordinating with relevant agencies to investigate an alleged cryptocurrency fraud involving over 32,000 people and a sum of VND15 trillion (US$666 million).
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Vietnam has entered the world's top 30 most competitive economies for the first time, ranking 27th out of 70 economies in the 2026 World Competitiveness Ranking published by the International Institute for Management Development (IMD).
The new circular will help credit institutions have more room to provide capital to businesses and investment projects to support high economic growth in the next few years, while increasing flexibility in the SBV’s monetary policy management.
The study found that 85% of Vietnamese enterprises reported positive business sentiment, a sharp increase from 48% in 2025, when business confidence was weighed down by uncertainties surrounding US tariff policies and related trade developments.
Resolution 10-NQ/TW marks a significant reset of Vietnam’s foreign investment strategy, introducing broad reforms to create a more unified and effective framework for attracting foreign capital.
Vinh Long farmers are scaling up specialised growing zones and tightening production standards, aiming to lock in sustainable growth for pomelo cultivation and more prosperity across the Mekong Delta province.
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The International Finance Corporation (IFC) highlighted the city's dominance in green-certified building floor space in Vietnam, reflecting the rapid expansion of the green building market with 780 completed green buildings encompassing over 18.69 million sq.m by 2025, predominantly certified by EDGE and LEED.
The United Kingdom officially announced two new climate cooperation initiatives to support Vietnam in its energy transition and green growth journey. These programs focus on offshore wind power development and the creation of a sustainable green financial ecosystem.
The GTTCI expert noted that alongside logistics and integrated warehousing, e-commerce is expected to be a particularly high-growth sector in the coming years. He described it as a multi-billion-dollar market with significant untapped opportunities for cooperation between Vietnam and India.
According to the Ministry of Industry and Trade, Vietnam’s exports reached 215.66 billion USD in the first five months of 2026, up 19.5% year-on-year. Twenty-six export items generated more than 1 billion USD in revenue each, including seven with turnover exceeding 10 billion USD.
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A significant number of Swedish enterprises are set to expand their operations in Vietnam, reflecting a deep-seated confidence in the country’s long-term economic prospects.
Since the start of the summer harvest season, China's two major border gates with Vietnam, Youyi Guan in Pingxiang and Beilun 2 Bridge in Dongxing, have entered their peak period for handling imports of fresh agricultural and seafood products from member states of the Association of Southeast Asian Nations (ASEAN).
UOB noted that while Vietnam has maintained relatively strong growth momentum, recent economic indicators suggest a mixed short-term outlook, with positive developments tempered by mounting challenges. In particular, higher energy costs are beginning to weigh on manufacturing activity and macroeconomic stability.
According to the Vietnam Logistics Business Association (VLA), the logistics sector will require around 2.2 million workers by 2030, including 1.6 million employees for logistics service providers and nearly 600,000 personnel supporting logistics operations in manufacturing and trading enterprises.
To date, over 100 fisheries unions, solidarity groups and teams protecting national sovereignty and security at sea in Da Nang have signed commitments not to engage in IUU fishing.
The development strategy for VIFC-HCMC envisions a comprehensive financial ecosystem encompassing green finance, carbon credits, financial technology (fintech), blockchain technology, digital assets, digital banking and other innovative business models. These highly internationalised sectors involve complex cross-border transactions and sophisticated legal structures.