Discover 5 reputable money-making apps on smartphones: A detailed guide for Vietnamese users

Changing the Economic Landscape - Opportunities from Mobile Technology

After years of the pandemic, traditional business models have undergone significant transformation. Currently, a smartphone can become a completely new profit-generating tool. Users can not only participate in online transactions but also explore many ways to earn extra income during their free moments. The online earning boom has shifted from a temporary trend to an independent economic sector. To avoid falling behind, researching reputable earning apps is an essential first step.

The Three Main Directions in the App-based Earning World

Group 1: Task & Mission Apps

This is the most accessible starting point for anyone wanting to begin earning money online. The operation model is very simple: users receive various tasks such as answering surveys, referring friends to download apps, watching ads, or answering quiz questions. Each completed task rewards from 5,000 VND to 100,000 VND depending on complexity.

The advantage of this method is that it requires no initial capital and minimal educational background. However, the clear downside is that the earnings are quite modest relative to the time spent, and there are risks related to personal information security.

Group 2: Investment & Financial Trading Apps

This is currently the fastest and most effective profit channel. Apps in this group include platforms from banks, securities companies, and international asset exchanges. Users can open savings accounts with 4%-7% annual interest, trade Vietnamese stocks, or invest in international financial assets with over 10% annual profit potential.

The appeal of these apps lies in their ability to generate high profits, but they require deep market knowledge and risk management skills. Usage costs are also not insignificant: bank transaction fees range from 50,000-200,000 VND, or stock trading fees from 0.01%-0.03% of the order value.

Group 3: E-commerce Apps

Online selling platforms have become popular business opportunities with low investment. Sellers only need to create a storefront on platforms like Shopee, Tiki, Lazada, upload products, and wait for orders. Each successful sale deducts 5%-20% commission for the platform.

Profits from this type depend entirely on the seller — how much they earn depends on pricing strategies and customer attraction. However, the prerequisite is having genuine inventory to sell.

Detailed Comparison Table: The Three Types of Earning Apps

Top 5 Reputable and Popular Earning Apps

1. Mitrade - Invest in 100+ Global Assets

Mitrade is an international broker licensed by the Australian Securities and Investments Commission (ASIC). Its standout feature is asset diversity: global stocks (Apple, Tesla, Amazon), stock indices (S&P 500, FTSE 100), cryptocurrencies (Bitcoin, Ethereum), and commodities (crude oil, gold).

How to earn:

• Download the app and register (get an instant $10 bonus, up to $100)
• Choose assets to invest in (e.g., Bitcoin in 2025)
• Use leverage 1:10 — only invest 1/10 of the total value to gain 10x profit
• When prices rise, take profit and record gains

Special feature: free demo account with $50,000 virtual funds to practice strategies. This is a reputable earning app rated 4.2 stars on Google Play.

2. VPS SmartOne - Efficient Vietnamese Stock Trading

VPS SmartOne, managed by VPS Securities Brokerage, is licensed by the Vietnamese Securities Commission. The app is known for its user-friendly interface and fastest order matching speed in the market.

Products offered: Vietnamese stocks such as Vinamilk (VNM), Masan (MSN), Vingroup (VIC).

Features: VPS SmartOne offers leverage of 1:2 (lower than Mitrade), meaning a 1% price increase yields only 2% profit. It’s a safer choice for investors wanting to trade the domestic market.

3. FinHay - Savings Investment for Beginners

If you lack deep investment knowledge, FinHay is an ideal solution. Users just deposit money and let investment fund experts manage it for them.

Operation model: similar to bank savings but with higher interest rates, around 5%-15% annually.

Benefits: safe for inexperienced users, but with lower returns compared to direct investing.

4. Shopee - Quick Online Store Setup

Shopee is Vietnam’s largest e-commerce platform today, favored for its simple and fast store opening process. The platform often offers sales support policies, making it easier to attract customers compared to other platforms.

How to earn: list products for sale, receive orders, deliver, and get paid minus platform commission.

Advantages: large customer base, continuous sales support policies, simpler procedures than Tiki or Lazada.

5. Grab - Cashback via Challenges & Tasks

Grab isn’t just a ride-hailing app; it also offers “challenges” for users to earn money. This model functions like a cashback promotion program.

Method: complete tasks such as 5 rides within a certain period to receive 20,000-50,000 VND cashback into e-wallet.

Important Warnings When Using Earning Apps

Although online earning is very convenient, it is also targeted by scammers and malicious software. Common cases include:

• Fake investment apps: unlicensed financial companies establishing trading platforms to steal investors’ money.
• Malware: older task apps often contain viruses that steal personal information.

Protection measures:

• Check licenses: Mitrade is licensed by ASIC (can be verified online), VPS SmartOne is licensed by the Vietnamese Securities Commission
• Read user reviews on official app stores
• Prioritize platforms in the top 5 market share
• Do not install apps from unclear sources

Conclusion

The smartphone in everyone’s hand is a potential money-making tool — instead of just browsing social media, utilize your time to increase your income. The three main directions are task apps (basic but low profit), fast and effective financial investment apps (most profitable), and online selling apps (dependent on your business skills).

Among these, reputable financial investment apps show the highest profit potential. However, success requires users to have foundational knowledge, risk management skills, and most importantly, to choose verified and reputable platforms. Start with trusted earning apps, prioritize safety, and gradually build your investment skills.