🇻🇳Maximum 05 exchanges in Vietnam are licensed
Currently, there are ~12 entities participating, but:
🔻According to Resolution 05: only a maximum of 5 exchanges can be licensed
🔻The Ministry of Finance has received 7 applications
🔻Only 2 names have sufficient charter capital: Vimexchange & CAEX
Vietcap believes: The capital requirement ≥ 10,000 billion, operating costs are quite heavy at the present time
This race excludes many big players from the parking lot, not only competing on tech, but those with sufficient "financial power" will survive.
Ad guesses 5 licensed exchanges:
CAEX (Vpbank), Vimexchange, techcombank, sun group, Lpbank
Currently, there are ~12 entities participating, but:
🔻According to Resolution 05: only a maximum of 5 exchanges can be licensed
🔻The Ministry of Finance has received 7 applications
🔻Only 2 names have sufficient charter capital: Vimexchange & CAEX
Vietcap believes: The capital requirement ≥ 10,000 billion, operating costs are quite heavy at the present time
This race excludes many big players from the parking lot, not only competing on tech, but those with sufficient "financial power" will survive.
Ad guesses 5 licensed exchanges:
CAEX (Vpbank), Vimexchange, techcombank, sun group, Lpbank
