Specifically, according to Bui The Nhan, Director of the Department of Culture, Sports and Tourism of Binh Thuan province , Minh Tam Hotel (on Tran Hung Dao Street, Phan Thiet City) was discovered by the police to be listing and accepting room payments in virtual currency (Pi).
According to Mr. Nhan, the Minh Tam Hotel had only been using virtual currency for room payments for 5 days when the Binh Thuan Police discovered it, conducted an inspection, and forced them to stop offering the service.
Minh Tam Hotel on Tran Hung Dao Street, Phan Thiet City
Immediately after receiving a report from the Cyber Security and High-Tech Crime Prevention Department (PA05 Department - Binh Thuan Provincial Police), the Department of Culture, Sports and Tourism also sent a task force to inspect and remind the hotel to strictly comply with the legal regulations on price listing in Vietnamese Dong, according to Government Decree 177/ND 2013 and the regulations of the State Bank of Vietnam.
The hotel owner admitted to listing and accepting cryptocurrency payments since the end of February 2023.
"Immediately after the inspection team issued a warning, the owner of Minh Tam Hotel strictly complied and no longer displayed room rates in Pi currency," Mr. Nhan said.
The image shows the listing of Pi cryptocurrency, which Mr. Nguyen Van H. said he learned from Phu Quoc Island to apply to his hotel.
According to Mr. Nhan, up to this point, the Department of Culture, Sports and Tourism of Binh Thuan province has only issued a warning and has not yet considered imposing penalties for the Minh Tam Hotel's actions of listing and accepting virtual currency payments.
Speaking to a reporter from Thanh Niên newspaper, Mr. Nguyen Van H., the owner of Minh Tam Hotel, said that he had stopped posting and exchanging information as requested by the PA05 Department.
Mr. Nguyen Van H. explained that he learned the method from some hotels in Phu Quoc and applied it to his own hotel. "My hotel has 30 rooms, but I have 10 rooms left unsold, so I exchanged them for 0.5 Pi/room/night. This isn't buying and selling, it's just an exchange. This form of Pi cryptocurrency cannot be used for fraud," Mr. H. asserted.
Source link
![[Photo] Prime Minister Pham Minh Chinh attends the Conference on the Implementation of Tasks for 2026 of the Industry and Trade Sector](/_next/image?url=https%3A%2F%2Fvphoto.vietnam.vn%2Fthumb%2F1200x675%2Fvietnam%2Fresource%2FIMAGE%2F2025%2F12%2F19%2F1766159500458_ndo_br_shared31-jpg.webp&w=3840&q=75)
Comment (0)