[Vietnam Limits Pilot Cryptocurrency Exchange Licenses to 5] Vietnam's Deputy Minister of Finance announced at a government press conference that the number of licenses for the pilot cryptocurrency exchange program will be limited to 5. Although some companies have begun preparing related systems and engaging in preliminary discussions with government officials, the Ministry of Finance has not yet received any formal applications. Industry experts have criticized the pilot policy, arguing that the high capital requirements and regulatory uncertainty may favor large financial institutions, potentially hindering innovation and development among fintech startups.