Singapore wants to be a global crypto hub, but not be a centre for trading and speculating on cryptocurrencies, Ravi Menon, the managing director of the Monetary Authority of Singapore (MAS), has said.
Representatives from some foreign embassies in Hanoi shared their respective countries’ experience in developing blockchain technology at a workshop held in Hanoi on August 5.
With the boom in blockchain technology and speedy digital transformation, Vietnam has great potential for blockchain development to compete in the global market, speakers said at a recent seminar in HCM City.
The Vietnam Blockchain Union was launched in the capital city of Hanoi on May 17, the first official legal entity specialising in the field of blockchain technology.
The Vietnam Blockchain Union (VBU) will hold the first congress in mid-May, aiming to establish an organisation to connect the technology business community and provide consultancy to related agencies to develop policies and legal frameworks on technology, digital assets, and currencies.
Vietnam Blockchain Union (VBU) was launched at a ceremony held by Vietnam Digital Communications Association (VDCA) in Hanoi on April 21, aiming to connect the technology business community and provide consultancy to related agencies to develop policies and legal frameworks on Blockchain technology, digital assets, and currencies.
Blockchain technology is booming in Vietnam and a bright future lies ahead for the industry, according to US-based Globe Newswire, one of the world's largest newswire distribution networks, specialising in the delivery of corporate press releases, financial disclosures and multimedia content to media, investors, and consumers worldwide.
A workshop took place in Ho Chi Minh City on March 30 to discuss the potential multi-industry application of blockchain technology and the feasibility of integrating blockchain technology into information technology systems.
Vietnam has 64,000 digital enterprises and the figure is on the rise, which is a good condition for the country to promote its technological self-reliance to rise stronger, according to General Director of FPT Nguyen Van Khoa.
The Asian Development Bank (ADB) has launched a project to make cross-border securities transactions in the Asia-Pacific region more efficient and secure through the use of blockchain technology.
TNI King Coffee Ltd. has launched the “Happy Farmers” project, which serves a bridge that links long–term cooperation with reputable and capable Vietnamese suppliers, aiming to bring Vietnamese farm produce to the world.
Vietnam is playing catch-up in a global race to develop its own digital currency and experts believe this will not only help the country develop new technology but also present an opportunity for Vietnam to join the most technologically-advanced countries.
Prime Minister Pham Minh Chinh has asked the State Bank of Vietnam to study and carry out pilot implementation of cryptocurrency based on blockchain technology in the 2021-23 period.
Digital COVID-19 vaccination certificates in Malaysia and Singapore are secured by blockchain technology and come with a traceability feature that tells the exact batch of the vaccine vial used for inoculation.
Vietnam’s e-commerce market is forecast to continue growing strongly in the time to come thanks to a big population with high rates of young people and internet users.
Thai Minister of Finance Uttama Savanayana has announced that the government plans to launch a tax refund mobile application by the end of this month in a bid to increase tourism spending.