HCMC – Prime Minister Pham Minh Chinh has urged South Korean conglomerates Dunamu and Hana Financial Group to expand investment in Vietnam’s digital and crypto asset sectors.
Chinh made the call during a meeting with Dunamu Vice Chairman Kim Hyoung-nyon and Hana Vice Chairman Lee Eunhung at the Government headquarters in Hanoi on July 29. He said Vietnam is developing a legal framework for piloting a crypto asset market and welcomed cooperation on policy development, infrastructure, and technology transfer.
Dunamu operates South Korea’s largest centralized cryptocurrency exchange, Upbit. It accounts for about 80% of the domestic market, manages over US$80 billion in digital assets, and reported more than US$1.1 trillion in trading volume in 2024.
Meanwhile, Hana has longstanding partnerships with Vietnamese banks and is involved in fintech projects.
Kim said Dunamu is exploring investment opportunities in Vietnam and intends to work with local partners, including Military Commercial Joint Stock Bank. He also pledged to share regulatory expertise and support secure and transparent operations.
Both Dunamu and Hana see Vietnam as a key growth market. Chinh assigned the Ministry of Finance to support Dunamu’s efforts in collaboration with the central bank and other agencies.