return icon

Impressive statements by Binance’s CEO during visit to Vietnam

Though his working visit to Vietnam was short, Binance’s CEO Changpeng Zhao (CZ) left a strong impression after he arrived in Vietnam on June 3.
Changpeng Zhao hopes government will facilitate Binance’s business in Vietnam

He attended the Vietnam NFT Summit 2022 organized by the Vietnam Blockchain Association with hundreds of participants, including representatives of many agencies, ministries and branches related to digital assets.

Changpeng Zhao, the founder of Binance, affirmed that Binance will put users at the center so that Vietnamese users and all the over the world believe that Binance is one of the safest and most reliable platforms in the world.

To realize the commitment, Binance and the Vietnam Blockchain Association announced cooperation on research exchange, Blockchain technology application and human resource training in Vietnam.

At another event, when asked about the matter, CZ said the blockchain sector has legal problems, including assets, derivatives trading and security.

He said each country has its own problems when building up the legal framework. Different countries will set different levels of regulatory controls.

CZ hopes government will facilitate Binance’s business in Vietnam

The aim of CZ’s working visit to Vietnam was to meet the leaders of ministries and branches. After committing to observe Vietnamese laws, he greeted the Deputy Chair of the NA’s Committee for Foreign Affairs Nguyen Manh Tien at the NA Building.

CZ said he was learning about the Vietnamese market and expressed his hope that Vietnam will create favorable conditions for Binance to expand its operations here.

Showing his perspective about the future of Blockchain technology in global digital transformation and opportunities for Vietnam, CZ said Binance wants to exchange research with Vietnam in utilizing Blockchain and training workers in Vietnam, as well as learn about policies and laws.

NFT and Metaverse to develop in next 10 years

This was the prediction released by CZ at an informal meeting with the Vietnamese technology community. 

He said NFT is not a short term trend but will continue to develop in the next 10 years. However, the Binance CEO thinks it is difficult to predict which NFTs will exist and what people will use them for.

In the short term, both NFT and metaverse are new concepts, so there are risks. How the metaverse and NFT will fare will heavily depend on businesses in this field.

He repeated this at the Vietnam Gaming Industry organized by VnExpress and AdTrue. Metaverse will help people interact more, instead of just looking at photos on Facebook and clicking on likes.

Trong Dat


Village boasts 200 years of fish pot making

Thu Sy village in the Red River Delta province of Hung Yen is famous for its traditional trade of fish pot weaving.

Cafe helps with stray cat adoption in HCM City

Alex Ward and Geneva Marcelino are running cafes that work with local animal rescue shelters to help stray dogs and cats find their new homes.

Vietnam paying more attention to circuit production

Since electronic circuits are being applied in many fields from hi-tech agriculture, smart city infrastructure, to national defense, it is predicted that by 2024, the semiconductor industry in Vietnam will have exceeded the value of US$6.16 billion.

Hanoi looks to develop satellite cities

Hanoi is planning to develop satellite urban areas as part of an effort to widen local space and ease pressure from overcrowding in the inner city.

Film director Tran Van Thuy wins Grand Prize of Bui Xuan Phai Awards

Film director Tran Van Thuy won the Grand Prize of the 15th Bui Xuan Phai – For Love of Hanoi Awards during a ceremony held at the headquarters of the Vietnam News Agency (VNA) in Hanoi on October 6.

Vietnam sends 11 workers to WorldSkills Competition 2022

Eleven Vietnamese workers will participate in the WorldSkills Competition 2022 Special Edition which is being held in Europe and East Asia from September 30 to November 28, according to the Directorate of Vocational Education and Training.

VN underlines respect for territorial integrity in response to Ukraine-Russia conflict

Vietnam closely follows the developments surrounding the Ukraine-Russia conflict, spokesperson for the Ministry of Foreign Affairs Le Thi Thu Hang said during a regular press briefing in Hanoi on October 6.


HCM City to be next destination of Italian Film Festival 2022

2023 AFF Club Championship schedule, structure announced

The 2023 ASEAN Football Federation (AFF) Club Championship will start on September 27 2023, and end on May 15, 2024, the AFF Competition Committee announced at an online meeting on Monday.

HCM City’s dengue fever deaths highest in decade

HCMC recorded some 25 deaths due to dengue by October 2, the highest in a decade, according to the HCMC Center for Disease Control.

Hospitality providers in Hanoi Old Quarter revive

Hospitality providers in Hanoi’s Old Quarter have been gradually recovering from the COVID-19 pandemic. Since March 15, most of them have so far been brought back to life.

After discovery of fake VietGAP-certification, 12 units under probe

After local media reported about vegetables with counterfeited VietGAP certificates, the Ministry of Agriculture and Rural Development (MARD) asked for a review of 12 certification units and threatened to strictly punish any violators.

Another three Vietnamese digital platforms qualify for being popularized

Vietnam is expected to maintain its seventh place in the number of new app downloads globally.

Foreign travel website suggests 10 best things when visiting Vietnam

Kayaking in the waters of picturesque Cat Ba island and taking a food tour to sample delicacies around Ho Chi Minh City are among the 10 best things to do in Vietnam, according to UK-based travel website Time Out.