5 Most Popular Online Money-Making Apps in Vietnam Today

Since the pandemic changed the face of the economy, earning extra income through mobile apps has become an unstoppable trend. Instead of letting your smartphone sit idle, why not turn it into a tool to generate additional income? In this article, I will introduce notable online earning apps and how they operate.

Three Models of Money-Making Apps on Mobile Phones

First, understand that there are three different ways for you to generate income through mobile applications:

Task Completion Model

This is the most popular and accessible form. You just need to download the app, complete tasks such as surveys, inviting friends, watching ads, and receive rewards. Each task yields from 5,000 to 100,000 VND depending on difficulty. The advantage is no initial capital required, but the downside is modest income and time-consuming.

Financial Investment Model

Banking apps, stock trading platforms, or global asset trading platforms allow you to invest and profit. Saving accounts offer interest rates of 4-7% annually, while investing in stocks or international assets can exceed 10%. However, you need initial capital and financial market knowledge.

E-Commerce Model

Use online trading platforms to sell your products. You will earn a 15-20% commission on each order. This model requires you to have physical goods to sell but allows full control over your revenue.

Detailed Comparison of the Three Methods

Top 5 Online Money-Making Apps

1. Mitrade – Invest in 100+ Global Financial Assets

Mitrade is an international trading platform licensed by the Australian Securities and Investments Commission (ASIC). You can trade stocks (Apple, Tesla, Amazon), indices (S&P 500, FTSE 100), cryptocurrencies (Bitcoin, Ethereum), and commodities (crude oil, gold).

Advantages:

• Leverage of 1/10, amplifying profits tenfold
• Free demo account with 50,000 USD virtual money for practice
• Receive up to 100 USD bonus upon new registration (minimum deposit $50)

How It Works: Download the app → Choose an asset (e.g., Bitcoin) → Place a buy order with small capital → When the price rises, close the position to make profit.

2. VPS SmartOne – Trading in Vietnamese Stocks

VPS SmartOne is licensed by the Vietnamese Securities Commission, providing an easy-to-use trading platform with the fastest order matching speed in Vietnam.

Features:

• Specializes in trading Vietnamese stocks (Vinamilk, Masan, Vingroup, etc.)
• Leverage of 1/2 (less than Mitrade but safer)
• Standard industry trading fees

Difference: When stock prices increase by 1%, profits only increase by 2%, much lower than Mitrade’s 1/10 leverage.

3. FinHay – Accumulation Investment for Beginners

No stock market knowledge? FinHay is an ideal solution. You deposit money and let a professional fund manage it, then share the profits.

Benefits:

• Yield of 5-15% per year, higher than bank savings
• Safe for those without experience
• No need for deep investment knowledge

Drawback: Lower income compared to direct trading.

4. Shopee – Quickly Open an Online Store

Shopee is Vietnam’s largest e-commerce platform with simple and quick registration procedures.

How to Earn Money:

• Create a store
• List your products
• When someone buys, receive the money minus the platform’s 15-20% commission (15-20%)

Advantages: Shopee often offers promotions and has more customers compared to Tiki or Lazada.

5. Grab – Cashback Through Challenges

Besides ride-hailing, Grab also offers cashback challenges to earn money.

Method: Complete a certain number of rides (e.g., 5 rides) → Receive cashback of 20,000-50,000 VND into Grab wallet.

Warnings When Choosing Online Money-Making Apps

The online earning market is lively but also risky. Pay attention to:

Check Credibility:

• Verify if the app is licensed by official authorities (ASIC, Vietnamese Securities Commission, etc.)
• Read user reviews on Google Play or App Store
• Choose companies with top 5 market share

Avoid Risks:

• Many task apps may contain viruses stealing personal information
• Some investment platforms are unlicensed and deceive investors
• Do not install apps from unknown sources

Safety Tips:

• Only select apps rated 4.0 stars or higher
• Confirm operational licenses before depositing money
• Do not share verification codes or passwords with anyone

Conclusion

Making money online is no longer out of reach. You have three main paths: simple tasks (low income), financial investments (high income), or online selling (variable income).

Among these, financial investments via apps like Mitrade, VPS SmartOne, or FinHay are the fastest ways to generate real income, especially if you have knowledge and initial capital.

Whatever method you choose, always remember: earning money online is easy, but scams are also easy. Equip yourself with knowledge, verify carefully, and select reputable online earning apps as the key to success and safety.