The position of General Manager of Binance Vietnam not only involves responsibility for all regional operations but also requires meeting a key criterion of strong "government relations" capabilities.
Binance's recruitment drive comes as the Vietnamese digital asset market is entering a pivotal phase.
Ministry of Finance The list of eligible exchanges will soon be announced, thereby establishing a controlled "playing field" with standards for user identification, bank connectivity, and transaction monitoring mechanisms.
Furthermore, six months after the first domestic exchange appears, users will be subject to sanctions if they trade crypto through it. The floor is not licensed.
To obtain the necessary "license," Binance must solve two major problems: storing user data within Vietnam and fulfilling all tax obligations as a domestic legal entity.
Previously, Binance had a representative in Vietnam. Lynn Hoang . This senior staff member former member She is a member of the Vietnam Blockchain and Digital Assets Association (VBA). Lynn frequently appeared at forums and participated in policy dialogues during the early stages of developing the legal framework.
The Deputy Prime Minister witnessed the signing ceremony of the MOU on cooperation in developing blockchain technology and digital assets between Binance and the People's Committee of Da Nang City (Photo: VGP)
Earlier, during a meeting with Mr. Richard Teng In the UAE in September 2025, Deputy Prime Minister Nguyen Hoa Binh proposed that Binance establish its headquarters in Da Nang and invited the CEO to participate as an advisor to the International Financial Center.
The two sides also signed a cooperation agreement. Developing blockchain and digital assets in collaboration with local authorities.
On a regional level, the world's largest cryptocurrency exchange is accelerating its "localization" strategy and is expected to apply for additional licenses. 5 operating licenses in Asia in 2026.
However, Binance's journey in the region hasn't always been smooth. In 2021, its Singapore branch withdrew its application for a local license and ceased operations after authorities tightened their stance on crypto speculation.
Binance continues to serve institutional clients in Singapore and maintains several business functions, including global Derivative and OTC trading.
