Search results for Vietnamese dong
Industry
SpaceX shares reclaim $135 IPO price on Vietnam satellite launch deal
SpaceX shares climbed back above their $135 initial public offering price after news of a deal to launch the first satellite for VinSpace, a space unit of Vietnam conglomerate Vingroup, in the second quarter of 2027 under SpaceX’s Transporter program. The stock rose 4.2 percent to close at $138.74 on Aug. 10. The report also cited higher AI investment costs and a $541 million net loss despite revenue growth.
Crypto
Vietnam to fine unlicensed crypto trading up to 2,810,000 won from Sept 1
Vietnam will fine individual investors up to 50 million dong for buying and selling cryptocurrencies on platforms not licensed by the finance ministry from Sept. 1. Fines rise to 100 million dong for trading cryptocurrencies allowed only for foreign investors. Operators running unlicensed crypto services or advertising without approval face penalties of up to 200 million dong. The rules also cover customer identity checks and account data handling, alongside a five-year pilot crypto market launched in September 2025.
Finance
Toss Bank extends international remittance fee waiver until year-end
Toss Bank is extending its international remittance fee waiver through the end of the year and expanding the number of currencies available for transfers to 10. The bank said it will waive the 3,900 won fee charged for overseas remittances until Dec. 31, applying the benefit to newly added currencies as well. Newly supported currencies include the Japanese yen, Vietnamese dong and Thai baht.