#Vietnam #Bybit #Dubai #Digital Assets

Bybit Strengthens Its Role as Vietnam's Trusted Digital Partner

In a significant development for the global cryptocurrency landscape, Bybit, the world's second-largest cryptocurrency exchange by trading volume, engaged in a pivotal meeting with Vietnam's Permanent Deputy Prime Minister, H.E. Nguyen Hoa Binh, during a high-level session held in Dubai on September 24, 2025. This meeting marks a major step forward in Bybit's commitment to support Vietnam's ambitions in the digital asset sector.

At the meeting, Bybit was represented by its Co-Founder and CEO, Ben Zhou, and other key executives, showcasing the importance of this partnership for the future of digital assets in Vietnam. The Deputy Prime Minister acknowledged Bybit's rapid growth and success in the global market and emphasized Vietnam's commitment to establishing a legal framework for digital assets, further highlighting the nation's aim to foster innovation and develop into an International Financial Center. This vision aligns closely with Bybit’s mission, as they continue to gain ground in Vietnam, where they have established a user base exceeding 2.5 million, representing about 15% of the country's digital asset market.

The discussions included several strategic initiatives designed to enhance Vietnam's digital asset ecosystem. Bybit demonstrated its strong commitment to support the country's efforts by pledging to:

• - Assist in developing a legal framework for digital assets in Vietnam;
• - Provide international best practices and regulatory insights;
• - Contribute to the training of local talent to bolster the blockchain ecosystem.

Ben Zhou, in reflecting on the meeting, stated, "Vietnam is one of the most dynamic markets globally concerning digital assets. We are honored to support the country's vision of creating a safe, transparent, and innovative ecosystem for the future of finance. Meeting with H.E. Nguyen Hoa Binh reaffirms Bybit's role as a trusted partner for Vietnam, and we are fully committed to contributing our global expertise toward shaping the nation's digital future."

Helen Liu, Co-CEO of Bybit, elaborated on their mutual aspirations with Vietnam's leadership, stating, "Our dialogue indicates not only trust but a shared ambition to make Vietnam a hub for international finance and innovation. Bybit takes pride in accompanying Vietnam on its digital transformation journey, extending from policy consultation to the development of human capital."

This meeting is a continuation of Bybit's long-term strategy to partner with Vietnam, following their recent collaborations, including a Memorandum of Understanding (MOU) with the Da Nang People's Committee and involvement in the country's regulatory sandbox initiative. The MOU was aimed at supporting the integration of blockchain technology into public services and the economy in general.

The collaborative efforts between Bybit and Vietnam illustrate the potential for significant growth in the digital economy, with Bybit recognizing the critical importance of building a secure, innovative digital finance environment. Ben Zhou's remarks reflect the increasing confidence in Vietnam’s market potential, one that is rapidly evolving and keen on integrating digital currencies into its mainstream financial landscape.

This partnership is not just about business; it heralds a significant step towards enhancing Vietnam's global standing in the digital finance world. As Bybit continues to navigate the landscape of digital assets, its role as a partner in Vietnam’s transformative journey could provide substantial benefits, paving the way for sustainable economic growth and technological advancement.

As the cryptocurrency space continues to expand, Bybit’s collaboration with Vietnam signals a broader trend towards accepting and integrating digital assets into national economies. Bybit remains firm in its mission to empower local partners while delivering innovative solutions that can help shape the evolving digital finance ecosystem.

As Vietnam continues on its path to becoming a leader in digital finance, Bybit is poised to play a crucial role in this journey, helping to foster an environment that supports expansion, innovation, and ahead-of-the-curve practices in the digital asset domain.