VIX digital asset exchange (VIXEX) was established on 27/8 with initial capital of 1,000 billion VND, according to the national business registration portal. The company's primary focus is science, technology, and innovation.
VIXEX is headquartered on the 22nd floor of 52 Le Dai Hanh Street, Hai Ba Trung ward, Hanoi. Nguyen Van Hieu is the general director and legal representative.
FTG Viet Nam holds a 64.5% stake in VIXEX, making it the parent company. VIX securities holds 15%, and the remaining stake belongs to 3C Computer - Media - Control Corporation.
VIX securities, originally Vincom securities (VincomSC) of Vingroup, was established in 12/2007. Billionaire Pham Nhat Vuong's Vingroup fully divested from the company in 2021.
VIX currently ranks 5th in the securities industry in terms of charter capital, with 14,585 billion VND. In the first half of the year, the company reported revenue of 2,955 billion VND and pre-tax profit of 2,067 billion VND, 4 and 5.8 times higher than the same period last year, respectively. The company's profits were largely driven by proprietary trading.
FTG Viet Nam, established in 2013, operates in various sectors, including electrical equipment sales, agricultural products, financial services, management consulting, and real estate. According to Gelex's 2025 semi-annual management report, FTG Viet Nam is related to Nguyen Van Tuan, Gelex's general director. Dang Duy Hai, Nguyen Van Tuan's brother-in-law, is the general director of FTG Viet Nam.
Vietnam is planning a pilot program for digital asset exchanges. At an event in June, a representative of the state securities commission (ministry of finance) stated that, according to the draft resolution on the pilot digital asset market, a company wanting to operate an exchange must have a minimum capital of 10,000 billion VND. At least 35% of this capital must be held by at least two institutions: banks, securities companies, fund managers, insurance companies, or technology companies. The remaining 65% must be owned by institutions, not individuals.
The ministry of finance has finalized the draft resolution and submitted it to the government. The government has reported to the competent authorities, requesting approval for the pilot implementation of the digital asset market in Vietnam. This regulation is expected to be issued in August, following approval from the competent authorities.
Trong Hieu
