In recent months, I have also been paying attention to the trends in the cryptocurrency market in Vietnam and have made some investments there. My friends in Vietnam told me that about 70% of locals hold cryptocurrencies either directly or indirectly, making it a strong base for the development of the crypto market. Many projects and exchanges have also established a presence in Vietnam, especially in Ho Chi Minh City, Hanoi, and Da Nang, which correspond to Shanghai, Beijing, and Chengdu, respectively, and there will be good development in the cryptocurrency field.

In Southeast Asia, Vietnam's compliance will provide many practitioners with more options. My personal understanding is that Vietnam is smaller than Singapore but larger than Thailand, and in terms of industry, it is larger than the semi-closed Japan and South Korea. In terms of policy, it is larger than Malaysia, and in terms of living conditions, it is larger than Dubai. Overall, Vietnam's public safety and social security in Southeast Asia rank just below Singapore.

Choosing Vietnam as the second office in Southeast Asia should be a good option.

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