Investment

The southern city is home to around 120 blockchain companies, according to a report by Tracxn, the global market intelligence and data platform.

Vietnam Economic Times / VnEconomy sought the views of experts, policymakers, and businesses on how Vietnam can develop its space and low-altitude economies and build the capabilities needed to seize emerging opportunities.

Vietnam has a number of global examples it can study as it considers the development of the space and low-altitude economies as new avenues of growth.

This is one of the regulations stipulated in newly-issued Decree No. 284/2026/ND-CP on administrative penalties for crypto assets and the crypto asset market, taking effect from September 1.

Among the projects are three industrial clusters — Tho Ngoc, Van Du II and Hoang Quy — with combined investment of nearly VND1.2 trillion.

As relatively new concepts, Vietnam’s space and low-altitude economies must navigate a number of obstacles before they can develop freely, a Vietnam Economic Times / VnEconomy dialogue was told.