Vietnamese have been through the dark time of communism and now clearly in favor of free market system.

Regarding Bitcoin, there is currently no law or regulation, not a currency, not a security. Right now Bitcoin is in gray zone, meaning that you can do whatever you want with it, just don’t scam a lot of people and you will be fine.

Currently, there is no official centralized exchange, all of the transactions are peer to peer making the market very resilient against a possible crack down from government. Very interesting case since Bitcoin and crypto is very popular in Vietnam.