When I saw the title, I was sure that this was another piece of fake news. And I was not disappointed. The Vietnamese government is proposing to create a Central Bank Digital Currency (CBDC), similar to the digital Yuan (e-CNY) of China. It is just a digital version of the national currency (Vietnamese Dong ₫). And actually I am worried that the government's attitude towards proper cryptocurrency may become even more hostile. This is what happened in China, after they listed the CBDC shitcoin. The Chinese government now want to eradicate the competition, by banning BTC.
Yeah, I thought the same.
It is in line with other central banks in creating centralized state-owned cryptocurrencies. The same old crap but digital. The only good thing I see in this is that people will not see Bitcoin as weird when they are used to pay with their fiat cryptocurrency.