Da Nang has approved a controlled pilot mechanism for a stablecoin payment project. This model allows international tourists visiting the city to make payments using USDT.
The Commission's functions and tasks will be transferred to the Ministry of Finance, the State Bank of Viet Nam, the Government Inspectorate and the Government Office.
Data from the Vietnam Bond Market Association revealed that in May, the whole market saw 42 separate bond issuances totaling VND46.77 trillion ($1.78 billion).