As predicted, the bitcoin bubble has burst. Cryptocurrency fever in the fourth quarter of 2017 has bottomed out. At the time, bitcoin was the hottest topic of discussion among office workers to farmers, and from large cities to rural areas.

VietNamNet Bridge - Vietnam has recently become a blockchain R&D center in the region. The technology has been the major topic of many workshops and conferences organized this year. 

VietNamNet Bridge - The members of the Vietnamese blockchain community say they have confidence in the strong rise of technology in the future.

VietNamNet Bridge - About 20 startups in the field of blockchain have registered their headquarters in Vietnam.

Dinh Quang Hieu, the student who won two gold medals at the 2016 and 2017 International Chemistry Olympiads, has won a VND6.4 billion ($279,600) scholarship from the world’s most prestigious technology institute, MIT, for the 2018-2022 period.

VietNamNet Bridge - Most of the ICOs (initial coin offering) carried out in Vietnam have been fraudulent and the rings organizing these ICOs have been discovered by police.

People are rushing to buy bitcoin mining machines. Bitcoin ATMs can be found at some cafes in HCMC. Numerous calls for investments in bitcoin have appeared on the internet. And some travel firms accept payments in bitcoin.

Tran Dinh Hieu, the silver medal winner at the 2015 International Chemistry Olympiad (ICO), had to walk 10 kilometers every day from his house to school. He had a monthly allowance of only VND400,000 ($20) a month.