According to the report from VTV Index, Vietnam is currently ranked second in the world in terms of cryptocurrency ownership rate with 21.2% of the population, only after the UAE with 34.4%. This shows the increasing interest of Vietnamese people in the crypto market. Some factors driving this trend include:
- A young population with high technological literacy.
- A high smartphone usage rate, facilitating access to e-wallets and exchanges.
- Crypto is seen as an attractive investment channel in the context of inflation and unstable economy.
- A strong and vibrant crypto community, especially through social media.
Vietnam becoming one of the leading countries in this field indicates significant potential for developing Web3 and blockchain in the Asia region.
