According to the regional Vietnam publication VNEconomy, the country’s authorities and financial ministries will be regulating virtual currencies in the near future.
The report details the use of cryptocurrencies such as bitcoin is becoming widely used worldwide. However, within this emerging economy regulators see risks of money laundering, tax evasion, and other criminal activities. According to the source, virtual currencies also offer many positives such as cost savings and immutability. While realizing the positives and negative attributes of virtual currencies, the government believes it should prepare regulations before further issues come to fruition.
https://news.bitcoin.com/vietnam-virtua ... tion-soon/