RoK asks Indonesia, Vietnam to boost financial cooperation World

RoK asks Indonesia, Vietnam to boost financial cooperation

The Republic of Korea's Financial Supervisory Service (FSS) said on March 21 that it has asked Indonesia and Vietnam to step up cooperation in the financial sector, in line with Seoul's policy aimed at deepening ties with Southeast Asia.
PM orders tighter control of Bitcoin, cryptocurrency Business

PM orders tighter control of Bitcoin, cryptocurrency

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.
Blockchain technology may open new era Business

Blockchain technology may open new era

Blockchain, a new technology to help explore the various forms of crypto-currencies, could open up new attractive environment for all businesses and investors, said Nguyen Duc Cuong, head of consultancy division at Vietstock – a local financial-business media.
Indonesia tightens bitcoin use ASEAN

Indonesia tightens bitcoin use

Indonesian authorities are investigating the use of bitcoin on the resort island of Bali after the central bank gave warnings on risks posed by virtual currencies.
SBV says bitcoin prohibited in Vietnam Business

SBV says bitcoin prohibited in Vietnam

According to the State Bank of Vietnam (SBV), the issuance, supplement and use of bitcoin and other similar virtual currencies for legal payment is prohibited in Vietnam.
Jury still out on cryptocurrency in Vietnam Business

Jury still out on cryptocurrency in Vietnam

The use of cryptocurrency and blockchains in Vietnam is currently limited to just one percent of the total population, though experts anticipate that the number could grow to 30 million users in the next ten years.