Vietnam

Vietnam’s Spacoin Shows ICO Craziness

A new blockchain project is emerging in Vietnam that’s looking to develop a crypto token specifically for the beauty and spa industry. And it’s launching an ICO for it. Called Spacoin, the project is being developed by self-proclaimed “the biggest

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Nami Announces Presale ICO in Singapore

Nami claims to be the world’s first broker without spreads, swaps and commissions with blockchain technology. Nami has their humble beginnings in Vietnam. Looking at their portfolio, they have potential not just on their on their current blockchain development, but

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Regarding the State Bank Statement about Vietnam to illegalize Bitcoin

A statement from Bitcoin Vietnam reacting to the recent State Bank of Vietnam press release and various media interpreting this statement potentially wrong. The State Bank of Vietnam has issued a press release reaffirming that Bitcoin is (1) not a legal currency,

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Vietnam Welcomes First Robo-Advisor Platform

Vietnamese fintech startup Finhay is targeting the country’s millennials with a new robo-advisor service that lets customers invest in top mutual funds in Vietnam starting with as little as 50,000 VND (US$2.6). Finhay provides a platform connecting mutual funds with

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Vietnamese Startups, Entrepreneurs Warm Up To ICOs

Initial coin offerings (ICOs) have become the preferred fundraising method for players in the cryptocurrency and blockchain space, enabling entrepreneurs and projects to raise over US$2 billion in 2017 alone. While ICOs have proven to be a successful way for

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Challenges or Opportunities for Fintech in Vietnam

In 1995, the first Visa transaction was accepted in Vietnam—the same year that relations between the United States and Vietnam were normalized. In 2006—the year before Vietnam joined the World Trade Organization (WTO)—Visa had 150,000 branded cards in Vietnam. Today,

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Digital Payments: Cash Still King in Vietnam

Despite Vietnam’s high smartphone and mobile Internet penetration rates, consumer adoption of fintech solutions remains low with cash-payment habit being hard to change. “Vietnamese, including the unbanked, have already used their mobile for many activities in their everyday life, but

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